Portfolio Insights

Behind the Deal Podcast: Merlin Entertainments

Our latest episode goes behind the scenes of Blackstone’s recent investment in Merlin, the second-largest visitor attraction business in the world.

In this episode of Behind the Deal, we sit down with Blackstone’s Global Head of Private Equity, Joe Baratta, and Senior Managing Director Peter Wallace to discuss our recent acquisition of Merlin Entertainments, a global leader in family entertainment and theme parks. Merlin operates more than 130 attractions in 25 countries, featuring iconic brands that range from LEGOLAND to Madame Tussauds. With more than 67 million guests annually, Merlin is the second-largest visitor attraction business worldwide.

In this podcast, Joe and Peter discuss Blackstone’s history building Merlin into a global leader, and our long-term investment plans to help the company continue to expand. They also share their perspectives on the opportunity in live entertainment, one of our high-conviction investment themes. 


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