Cloudreach joins Blackstone’s Portfolio of Companies

Blackstone, leading investment firm, has acquired a controlling stake in Cloudreach.

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Official press release about the acquisition

About Blackstone

Blackstone is one of the world’s leading investment firms. It seeks to create positive economic impact and long-term value for its investors, the companies it invests in, and the communities in which it works. Blackstone’s asset management businesses, with over $360 billion in assets under management, include investment vehicles focused on private equity, real estate, public debt and equity, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at Follow Blackstone on Twitter @Blackstone.

Visit Blackstone Website

Read Cloudreach Statements

Pontus Noren

Co-Founder and CEO
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Tom Ray

Head of US
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Chris Bunch

Head of Europe
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Andre Azevedo

Head of Strategy
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Press Archive

Formal Statement
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Cloudreach are joining Blackstone’s portfolio of companies.

Blackstone have acquired a majority share in Cloudreach. With the additional investment and commitment from Blackstone, Cloudreach will build upon our existing Customer partnerships to play a broader strategic role. Cloudreach will become a more robust organisation, scaling more rapidly, while staying true to our cloud-native principles. Our joint vision is to become the number one cloud enabler globally.

Cloudreach will continue to operate under the same brand and contractual arrangements. There will be extra focus on adding capabilities and resources to support our customers throughout their entire cloud adoption journey.

The exact terms of the transaction are commercially sensitive and will not be made public.

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