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

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.