Blackstone Tactical Opportunities to Acquire NGC and Certified Collectibles Group
Tactical Opportunities business have agreed to acquire a majority stake in the
Certified Collectibles Group (CCG) in a transaction valuing the company at more than $500 million USD.
Mark Salzberg, CCG’s founder, and
Steven R. Eichenbaum, CCG’s CEO, will retain a significant minority stake. Additional investors in today’s transaction include
Roc Nation;
Fanatics;
Mastry, founded by
Philadelphia 76ers; and
Main Street Advisors, a leading investment advisory firm to prominent athletes, recording artists, and other leaders across entertainment and business.
CCG is a leading, global provider of expert, impartial and tech-enabled services that add value and liquidity to collectibles. Founded in 1987, CCG offers authentication, grading, and conservation services that have unlocked billions of dollars in secondary market value. Today, CCG sits at the forefront of the fast-growing global collectibles industry with offices on three continents, robust digital offerings, and comprehensive certification services for collectibles.