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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.
IMC is the world's largest owner and operator of premier showroom space for the furnishings, home decor and gift industries, with 12.2 million square feet of world-class exhibition space in High Point, NC and Las Vegas, NV catering to over 2,000 exhibitors. The Companys mission is to build and operate an innovative, sustainable, profitable and...