BLK Continues to Ride on Strategic Acquisitions: Is the Stock a Buy?

BlackRock Inc. (BLK) has completed the acquisition of Preqin, a premier independent provider of private markets data, for almost $3.2 billion (£2.55 billion) in cash. The deal represents a strategic expansion of the company’s Aladdin technology business into the rapidly growing private markets data segment. Over the past year, BLK has been striving to expand its presence in the lucrative private markets business. In sync with this, in December 2024, the company agreed to acquire HPS Investment Partners for ...