BLK - Mergers and acquisitions

BlackRock Long Term Private Capital ("LTPC") today announced that it has acquired a majority interest in Summit Companies ("Summit"), a leading fire and life safety service and installation company, from CI Capital Partners ("CI Capital"). LTPC will partner with Summit's management team to drive the company's next phase of growth through geographic expansion and scaling its capabilities and services. Built on over 20 years of commitment to clients and the expertise of leading professionals, Summit Companies has become a one-stop-shop of non-discretionary fire and life safety services, offering complete end-to-end capabilities for fire detection, fire suppression, and life safety on a local

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) has completed the acquisition of Aperio, a pioneer in customizing tax-optimized index equity separately managed accounts (SMAs), from Golden Gate Capital and Aperio employees. The combination expands the breadth of BlackRock’s personalization capabilities via tax-managed strategies across factors, broad market indexing, and investor ESG preferences. “Completion of the Aperio transaction accelerates BlackRock’s ambition to lead the industry from ‘one size fits all’ to ‘one size fits one’ – a portfolio that is hyper-personalized to reflect an investor’s unique risk, tax, and personal values preferences,” said Martin Small, head