Announced
Completed
Financials
Tags
Private Equity
Acquisition
Completed
american football
Recreational Services
Private
Domestic
Majority
Auction
United States
Friendly
Synopsis
Investors Dany Garcia, Dwayne Johnson and RedBird Capital Partners completed the acquisition of the XFL, a professional American football league, for $15m. "It is a privilege to partner with Dany and Dwayne on the acquisition of the XFL. Their track record in building dynamic businesses speaks for itself, and their vision and passion for developing the XFL as a world class sports and entertainment property will enable a new future for this organization. As their partner in acquiring and relaunching the XFL, RedBird will bring its own track record and experience in building world class companies in sports and live entertainment to help realize their vision," Gerry Cardinale, RedBird Capital Partners Founder and Managing Partner.
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