blackstone

Stampli Raises $61 Million to Advanced AI-Powered AP Automation
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
October 03, 2023  |  B2B Payments

Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total...

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PE Outfits Selling More Discounted Shares in Portfolio Companies
PE Outfits Selling More Discounted Shares in Portfolio Companies
May 23, 2023  |  Investments

Private equity operations are reportedly gloomy about their portfolio companies regaining their high valuations. That’s according to an analysis published Tuesday (May 23) by the...

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Blackstone Wants to Partner with Regional Banks in Loan Originations
Blackstone Wants to Partner with Regional Banks in Loan Originations
May 11, 2023  |  Banking

Blackstone wants to give regional banks more lending power ahead of a looming credit crunch. Jon Gray, president of the private equity giant, told the...

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EMEA Daily: PayU Goes to Romania; Phone Reseller Swappie Raises $124M
EMEA Daily: PayU Goes to Romania; Phone Reseller Swappie Raises $124M
February 15, 2022  |  Cross-border Payments

In today’s top Europe, Middle East, and Africa news, the FinTech firm PayU has introduced credit payments in Romania; Voilà, a Berlin-based app that connects...

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Blackstone Bets $23B on Last-Mile Logistics Firm Mileway
Blackstone Bets $23B on Last-Mile Logistics Firm Mileway
February 15, 2022  |  Investments

Alternative lender Blackstone Inc. says it will back a $23.8 billion recapitalization of Mileway, Europe’s largest urban warehouse operator and last-mile logistics company. The private...

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EMEA Daily: Social Media Giants Join Forces to Fight Germany’s Tough Online Hate Speech Rule; Regulators Find Europe’s AdTech Sector Broke Privacy Rules
EMEA Daily: Social Media Giants Join Forces to Fight Germany’s Tough Online Hate Speech Rule;...
February 03, 2022  |  Cross-border Payments

In today’s top Europe, Middle East and Africa (EMEA) news, four social media giants are suing the German government over its online hate speech law,...

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Blackstone-Led Funding Round Nets LemonEdge $4M
Blackstone-Led Funding Round Nets LemonEdge $4M
February 03, 2022  |  Investments

Accounting platform LemonEdge has raised $4 million in a funding round led by Blackstone, bringing the amount of capital raised by the U.K. firm to...

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Blackstone Finalizes Majority Investment of SPANX, Inc., Driving Valuation to $1.2B
Blackstone Finalizes Majority Investment of SPANX, Inc., Driving Valuation to $1.2B
November 18, 2021  |  Investments

Global investment firm Blackstone has completed a majority investment in womenswear brand SPANX, Inc., pushing the 21-year-old company’s valuation to $1.2 billion and enticing several...

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Blackstone Snags Spanx Majority Ownership
Blackstone Snags Spanx Majority Ownership
October 21, 2021  |  Retail

Blackstone Inc. is buying a majority stake in women’s shapewear company Spanx Inc. in a move that puts Spanx’s value at $1.2 billion, according to...

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