Announced
Financials
Tags
Acquisition
Single Bidder
sports and entertainment
advertising
Private Equity
Friendly
United States
aadvertising
Completed
Media Agencies
Private
Minority
Synopsis
Private equity firms CVC Capital and The Jordan Company completed an investment of $600m Bruin Sports Capital, a sports and entertainment firm. The deal gives Bruin access to billions in capital, plus a global network of resources from the partners beginning with an initial combined investment from CVC Fund VII and TJC’s Resolute Fund IV. “We are extremely proud to have the partnership and support of CVC Capital Partners and The Jordan Company, not only for what it says about our progress but also what it means for our businesses and future opportunities,” George Pyne, Bruin Sports Founder and CEO.
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