Blackstone investment helps Cloudinary to $2bn valuation

Blackstone investment helps Cloudinary to $2bn valuation

Blackstone‘s growth arm has helped online visual media business Cloudinary to a $2bn valuation through a new investment round. The deal comes just a couple of months after Cloudinary reached $100m in annual recurring revenue. Blackstone has invested more than $100m in...
Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Blackstone is buying apartment owner Preferred Apartment Communities Inc. in a deal valued at $5.8bn, extending its bet on rental housing across Sun Belt states. Blackstone will pay for $25 a share in cash for the Atlanta-based real estate investment trust, according...