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New Deal


Announced

Fenway Sports Group to invest in Pittsburgh Penguins.

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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Domestic

Majority

United States

Pending

Private

hokey team

Entertainment

Single Bidder

Friendly

Acquisition

Synopsis

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Fenway Sports Group, a global sports, marketing, media, entertainment, and real estate company, agreed to invest in Pittsburgh Penguins, a professional ice hockey team based in Pittsburgh. Financial terms were not disclosed. "The Pittsburgh Penguins are a premier National Hockey League franchise with a very strong organization, a terrific history and a vibrant, passionate fan base. We will work diligently to continue building on the remarkable Penguins' tradition of championships and exciting play," Tom Werner, FSG Chairman.

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