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Announced

Blue Owl-backed Dyal HomeCourt Partners to acquire a minority stake in Phoenix Suns.

Financials

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

Tags

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Acquisition

Pending

Friendly

Private Equity

Single Bidder

basketball team

Domestic

Private

Minority

United States

Entertainment

Synopsis

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Dyal HomeCourt Partners, a subsidinary of Blue Owl, agreed to acquire a minority stake in Phoenix Suns, a basketball team. Financial terms were not disclosed. "The Suns have made incredible strides both on and off the court in recent years and we believe that, under Robert's leadership, the best is yet to come," Michael Rees, Blue Owl Co-President.

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