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New Deal


Announced

Completed

MSP Sports Capital led the $678m investment in McLaren Racing.

Financials

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Transaction Value£513m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

United Kingdom

engineering & manufacturing

race & sports car design

Automobiles

Acquisition

Private

Completed

Friendly

Single Bidder

Minority

Cross Border

Synopsis

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MSP Sports Capital, an operationally focused private investment manager, led the $678m investment in McLaren Racing, a British motor racing company, with participation from The Najafi Companies, an entrepreneurially-driven private investment firm, and UBS O'Connor, a single-manager hedge fund platform. "We are delighted to invest in McLaren Racing and are excited by the prospects for the business. It is an honor to be a part of this storied franchise. We see significant growth potential in all of our investments and believe that McLaren's history, management and cutting-edge technology capability make it an ideal partnership for our organization," Steven Wasserman, MSP Principal.

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