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Blackstone Completes Acquisition of International Market Centers, Inc.

HIGH POINT, NC / LAS VEGAS, NV – Tuesday, September 26, 2017 – Blackstone announced today that funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities completed the previously announced acquisition of International Market Centers, Inc. (“IMC”), the world’s largest owner and operator of premier showroom space for the furnishings, home decor and gift industries, from Bain Capital Private Equity, L.P. and funds managed by Oaktree Capital Management, L.P. Fireside Investments also partnered with Blackstone on the acquisition.

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Blackstone to Acquire International Market Centers, Inc.

Blackstone announced today that funds managed by Blackstone Real Estate Partners and Blackstone Tactical Opportunities entered into a definitive agreement to acquire International Market Centers, Inc. (“IMC”), the world’s largest owner and operator of premier showroom space for the furnishings, home decor and gift industries, from Bain Capital Private Equity, LP and funds managed by Oaktree Capital Management, L.P. Fireside Investments is also expected to partner with Blackstone in the acquisition. Financial terms of the transaction were not disclosed.

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