Blackstone Invests in ISN
Posted on 12/19/2020
The Blackstone Group made a significant minority investment in ISN Software Corporation (ISN), a Dallas-based contractor and supplier management software provider, valuing it at over US$ 2 billion. The investment is led by Blackstone Growth. As ISN is employee-owned, Blackstone will be the only outside stockholder in ISN. Established in 2001 with just 3 employees, ISN’s software platform, ISNetworld, helps leading enterprises worldwide source and manage third-party relationships with contractors and suppliers while ensuring compliance with company, industry, and regulatory standards.