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September 2020

Blackstone acquires GSCF

Today is an exciting day for GSCF. Funds managed by Blackstone just announced that they have acquired the company.

Blackstone’s acquisition will further accelerate GSCF’s global leadership as a servicing platform in the supply chain finance space. The investment helps solidify our position as the market leader and it opens up new possibilities for unique funding partnerships with GSCF’s existing and future clients. With our unparalleled service offering, trusted brand, blue-chip customer base, state-of-the-art technology and strong company culture, focused on innovation and security, we are well positioned to remain “ahead of the game”.

The Blackstone team is deeply inspired by our mission, aligned with our strategy and confident in our continuous development. After spending countless hours in meetings with them, I am convinced that Blackstone is a great fit to our organization and an enhancing partner to our client base.

Blackstone invests in great companies where they can leverage their unique assets to accelerate growth. I am thrilled to have the opportunity to partner with Blackstone to unlock our full potential.

The investments we have made across our business are paying off and we continue to evolve the organization and our capabilities to set up GSCF for the next stage of growth. We already have strong business momentum and the best is yet to come.

Sincerely,
Kendall Stevens – CEO

About Blackstone

Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $564 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone

To learn more about GSCF Group, please contact us.