Blackstone’s Acquisition of a Majority Stake in Certified Collectibles Group

Weil, Gotshal & Manges advised The Blackstone Group in the transaction, while Simpson Thacher represented Blackstone Tactical Opportunities in connection with its debt financing for the acquisition.

The Blackstone Group executed its acquisition of a majority stake in Certified Collectibles Group (CCG), a leading, global provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles, in a transaction that valued CCG at more than $500 million.

Additional investors in this transaction include Roc Nation; Michael Rubin, founder and executive chairman of Fanatics; SC.Holdings, a growth equity platform; Mastry, founded by Rudy Cline-Thomas; Andre Iguodala; Daryl Morey, President of Basketball Operations for the Philadelphia 76ers; and Main Street Advisors, a leading investment advisory firm to prominent athletes, recording artists, and other leaders across entertainment and business.

The Weil team advising The Blackstone Group was led by Private Equity partners Christopher Machera (Picture) and Jenna McBain and includes Private Equity associates Larissa Lucas, Cruz Wiles, Nicole Chen and Spencer Shweky (Not Yet Admitted in New York). The team also includes Tax partner Noah Beck; Tax counsel Gary Silber; Tax associate Ted Little (Not Yet Admitted in New York); Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits associate Allison McQueeney; Technology & IP Transactions Head Michael Epstein; Technology & IP Transactions/Privacy counsel Olivia Greer and Alexa Chu Clinton; Technology & IP Transactions associates Meggin Bednarczyk and Amanda DeMasi (Not Yet Admitted in New York); Regulatory Transactions counsel John O’Loughlin; Regulatory Transactions associate Ariel Fliman; Antitrust counsel Michael Naughton and Neil Rigby; Antitrust associate Marie-Marie de Fays; Complex Commercial Litigation Co-Head Edward Soto; Complex Commercial Litigation associates Cameron Bonk and Nicole Comparato; Employment Litigation partner Nicholas Pappas; Employment Litigation associate Thomas McCarthy; Corporate partner Charles Ching; and Corporate associates Carol Jia and Yujing Liu.

The Simpson Thacher team included Brian Gluck, Catherine Burns, Whitney Bosworth and Ashley Gherlone (Banking & Credit); Jonathan Goldstein (Tax); Greg Grogan and Jeanne Annarumma (ECEB); Genevieve Dorment (IP); and Jon Pall (UCC).

Involved fees earner: Jeanne Annarumma – Simpson Thacher & Bartlett; Whitney Bosworth – Simpson Thacher & Bartlett; Catherine Burns – Simpson Thacher & Bartlett; Genevieve Dorment – Simpson Thacher & Bartlett; Ashley Gherlone – Simpson Thacher & Bartlett; Brian Gluck – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Gregory Grogan – Simpson Thacher & Bartlett; Jonathan Pall – Simpson Thacher & Bartlett; Noah Beck – Weil, Gotshal & Manges; Meggin Bednarczyk – Weil, Gotshal & Manges; Cameron Bonk – Weil, Gotshal & Manges; Nicole Chen – Weil, Gotshal & Manges; Charles Ching – Weil, Gotshal & Manges; Alexa Chu Clinton – Weil, Gotshal & Manges; Nicole Comparato – Weil, Gotshal & Manges; Marie-Marie de Fays – Weil, Gotshal & Manges; Michael Epstein – Weil, Gotshal & Manges; Ariel Fliman – Weil, Gotshal & Manges; Olivia Greer – Weil, Gotshal & Manges; Carol Jia – Weil, Gotshal & Manges; Yujing Liu – Weil, Gotshal & Manges; Larissa Lucas – Weil, Gotshal & Manges; Christopher Machera – Weil, Gotshal & Manges; Jenna McBain – Weil, Gotshal & Manges; Thomas McCarthy – Weil, Gotshal & Manges; Allison McQueeney – Weil, Gotshal & Manges; Michael Naughton – Weil, Gotshal & Manges; John O’Loughlin – Weil, Gotshal & Manges; Nicholas Pappas – Weil, Gotshal & Manges; Neil Rigby – Weil, Gotshal & Manges; Amy Rubin – Weil, Gotshal & Manges; Spencer Shweky – Weil, Gotshal & Manges; Gary Silber – Weil, Gotshal & Manges; Edward Soto – Weil, Gotshal & Manges; Cruz Wiles – Weil, Gotshal & Manges;

Law Firms: Simpson Thacher & Bartlett; Weil, Gotshal & Manges;

Clients: Blackstone Tactical Opportunities;

Martina Bellini

Author: Martina Bellini