Announced
Completed
Financials
Tags
Acquisition
Cross Border
Minority
China
Private Equity
sports
Recreational Services
Single Bidder
Friendly
Completed
Private
Synopsis
PEAK6 Investments, a private equity firm, completed the acquisition of a minority stake in Fosun Sports, a holding entity that operates Wolves and its associated brands and businesses. Financial terms were not disclosed. The investment makes PEAK6 a new strategic partner to Wolves, who will help Fosun Sports accelerate the club’s growth in North America by providing capital, expertise, visibility, and activation opportunities for Wolves and Wolves Esports across the USA.
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