Skip to Footer Blackstone The Firm Our Businesses Our Impact Shareholders Insights Careers LP Login Search VIEW ALL PRESS RELEASES SPANX, Inc. and Blackstone Close Majority Sale, Secure New Investors Including Oprah Winfrey, Reese Witherspoon and Whitney Wolfe Herd 18 November 2021 ATLANTA & NEW YORK – November 18, 2021 – SPANX, Inc., the mission-driven womenswear brand founded by Sara Blakely in 2000, today announced that funds managed by Blackstone (“Blackstone”), a leading global investment firm, have completed their previously announced majority investment in the business at a valuation of $1.2 billion. Additional new investors in SPANX participating in the closing include iconic female entrepreneurs Oprah Winfrey, Reese Witherspoon and Whitney Wolfe Herd, as well as female-founded investment funds G9 Ventures, founded by Amy Griffin, and Able Partners. Contact Information and Consent Request Blackstone Cookie Policy This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. Otherwise, we will assume you're OK to continue. CONTINUE WITHOUT COOKIES CONTINUE WITH COOKIES

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