Blackstone invests in bumble
WebApr 11, 2024 · April 11th, 2024, 8:30 AM PDT. Blackstone secured $30.4 billion of total capital commitments for its largest global property drawdown fund, called Blackstone Real Estate Partners X, according to a ... WebNov 21, 2024 · In November 2024, private equity firm Blackstone swooped in to buy a majority stake in Bumble/Badoo parent MagicLab in a deal that valued the group at $3 billion; Blackstone purchased...
Blackstone invests in bumble
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WebFeb 14, 2024 · At year-end 2024, Blackstone’s BCP VII fund, which finished investing in February 2024 just as the pandemic hit, was marked at a 15% net IRR, or a 1.5-times multiple on invested capital, according to filings. Dividend recaps of Bumble and IntraFi, and the sale of Cloverleaf Cold Storage to Americold have returned over $2 billion in cash. WebDec 22, 2024 · Financier Blackstone has agreed to invest in mobile app marketing optimization platform Liftoff. The companies aren’t saying the exact amount, but the total is close to $400 million. The deal...
WebApr 11, 2024 · Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has US $326 billion of investor capital under management. Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, … WebMar 21, 2024 · Among the assets in its main buyout fund is a big stake in Bumble Inc., which Blackstone acquired in 2024 in a deal that valued the owner of the dating app at $3 billion. The stake has nearly quintupled in value as the company's market capitalization shot to about $14 billion following its February initial public offering.
WebOct 20, 2024 · Blackstone’s investment follows other acquisitions in companies founded by women, including Whitney Wolfe Herd’s Bumble Inc. and Reese Witherspoon’s Hello Sunshine media. Blackstone made the... WebMar 8, 2024 · Financial Advisors Stocks BMBL Blackstone Holdings III Now Owns 39.50% of Bumble Inc. (BMBL) March 08, 2024 — 05:02 pm EST Written by George Maybach for Fintel -> Fintel reports that...
WebFeb 10, 2024 · (Reuters) - Bumble Inc, a dating app operator backed by buyout firm Blackstone Group Inc, sold shares in its initial public offering (IPO) on Wednesday at …
WebJan 21, 2024 · Bumble generated a profit of $85.8 million in 2024, compared to a loss of $23.7 million in 2024. But in the first nine months of 2024, it posted a net loss of $84.1 … modern squares giclee shadeWebNov 8, 2024 · Blackstone bumble MagicLab Whitney Wolfe Herd Startups Daily Crunch: Silicon Valley Bank goes bust — regulators take control of $175B+ in deposits Haje Jan Kamps 3:05 PM PST • March 10, 2024... modern sprout kitchen herbWebFeb 17, 2024 · Since going public in 2007, Blackstone has multiplied eightfold the equity capital it devotes to real estate, to $163 billion. Blackstone leverages that capital by taking out mortgages, so the... modern spring wreath for front doorWebMar 15, 2024 · Blackstone reportedly invested around $330 million in Bumble in 2016 and has since reaped a return of roughly 600%. As of December 2024, Blackstone’s Bumble stake was worth nearly $3 billion, making it one of a private equity firm’s most successful investments ever. modern sprout tiny terracotta grow kitWebNov 8, 2024 · Blackstone announced Friday that it is buying a majority stake in MagicLab, which owns dating apps including Bumble and Badoo, from Russian billionaire founder Andrey Andreev. As part of the deal ... modern sprout garden toolsWebNov 8, 2024 · Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app "Bumble" and "Badoo", valuing the company at about $3 billion, the private equity firm said in a... insert excel into revit 2022WebNov 8, 2024 · Blackstone announced Friday that it is buying a majority stake in MagicLab, which owns dating apps including Bumble and Badoo, from Russian billionaire founder … insert face here