Jay-Z, Blackstone Acquire CGC Parent Certified Collectibles Group

In a major signal of the strength of collectibles markets across the board right now, comic book grading service CGC’s parent company Certified Collectibles Group is set to be acquired by an investment group led by Blackstone Tactical Opportunities and including Jay-Z‘s company Roc Nation. CCG companies include Numismatic Guaranty Corporation, Numismatic Conservation Services, Paper Money Guaranty, Certified Guaranty Company, Classic Collectible Services, Certified Sports Guaranty, Authenticated Stamp Guaranty, and Collectibles Authentication Guaranty.  The company entered the comic book grading field in 2000, and it is no exaggeration to say that they have helped to transform the way vintage comics are bought and sold since that time. CCG’s leadership team will remain in place. Blackstone is an investment firm with $649 billion in assets under management.  CGC is a sponsor of Bleeding Cool

Source: https://bleedingcool.com/comics/cgc-parent-company-certified-collectibles-group-acquired-by-blackstone/