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CCG (the company that includes NGC) acquired by Blackstone Group
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<p>[QUOTE="ddddd, post: 7737106, member: 22377"]After the acquisition of Collectors Universe (PCGS), more changes are coming to the grading world with Blackstone Group acquired a majority stake in the Certified Collectibles Group (which includes NGC).</p><p><br /></p><p>"The investment firm said the transaction values the company at more than $500 million. Blackstone said CCG's founder Mark Salzberg and its CEO Steven Eichenbaum will retain a significant minority stake."</p><p><br /></p><p>"Blackstone said it plans to accelerate CCG's growth, enabling the company to invest significantly in its current and planned services, adding and training new employees, expanding its geographic and product reach, acquiring new technologies and developing its digital presence."</p><p><br /></p><p><a href="https://www.marketwatch.com/story/blackstone-to-acquire-certified-collectibles-group-271625149366" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.marketwatch.com/story/blackstone-to-acquire-certified-collectibles-group-271625149366" rel="nofollow">https://www.marketwatch.com/story/blackstone-to-acquire-certified-collectibles-group-271625149366</a>[/QUOTE]</p><p><br /></p>
[QUOTE="ddddd, post: 7737106, member: 22377"]After the acquisition of Collectors Universe (PCGS), more changes are coming to the grading world with Blackstone Group acquired a majority stake in the Certified Collectibles Group (which includes NGC). "The investment firm said the transaction values the company at more than $500 million. Blackstone said CCG's founder Mark Salzberg and its CEO Steven Eichenbaum will retain a significant minority stake." "Blackstone said it plans to accelerate CCG's growth, enabling the company to invest significantly in its current and planned services, adding and training new employees, expanding its geographic and product reach, acquiring new technologies and developing its digital presence." [URL]https://www.marketwatch.com/story/blackstone-to-acquire-certified-collectibles-group-271625149366[/URL][/QUOTE]
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CCG (the company that includes NGC) acquired by Blackstone Group
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