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Private equity firm Sixth Street Partners invested a 51% stake in Legends, a premium experiences company, from New Mountain Capital, a private capital, for $700m. "The Legends commitment to excellence, instilled from its inception, enabled it to grow a new category of holistic sports and entertainment services, and we are excited to be joining their culture of ‘winning together’. Legends will continue to stay on offense with an industry-leading management team doing what it does best: delivering value-creating projects and operations, innovating new technology-enabled service offerings, and creating immersive customer experiences," Alan Waxman, Sixth Street Co-Founder and CEO.
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