.
MergerLinks Header Logo

Announced

Completed

HIG Capital completed the acquisition of a 75% of Lagardère Sports from Lagardère Group for c. $122m.

Financials

Edit Data
Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales0.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

Entertainment Facilities

Friendly

Private

France

Recreational Services

Acquisition

Private Equity

Single Bidder

Cross Border

Disposal

Completed

Synopsis

Edit

HIG Capital, private equity and alternative assets investment firm, completed the acquisition of Lagardère Sports, a sport and entertainment agency, from Lagardère Group, the Paris-based media conglomerate, for c. $122m. "The global sports marketing segment is a multibillion Euro industry with attractive long-term growth prospects fueled by the continuously increasing popularity of sports and the digitization of sports marketing services. HIG. is looking forward to drive the business to the next level together with a truly global management team," Christian Kraul-von Renner, HIG Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US