BLACKSTONE

Plano, Texas and New York, NY, August 7, 2024 - Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone ("Blackstone") have agreed to make a majority investment in Westwood Professional Services, Inc. ("Westwood"), a leading engineering and design firm focused on renewables, power, real estate and public infrastructure end markets. Blackstone will acquire its position in Westwood from Endurance Partners and Palm Beach Capital, with Westwood's management team and employee shareholders retaining a minority stake. With a team of more than 1,600 employees, Westwood provides front-end engineering design service..... Each Palm Beach Capital Partner has made significant personal commitments to each of our funds. We believe this commitment ensures that their interests remain very closely aligned with our Limited Partners

Primary location: West Palm Beach United States