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New Deal


Announced

IMG to acquires the Mutua Madrid Open and Acciona Open de España.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
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Tags

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Private

Entertainment

Cross Border

Spain

Single Bidder

France

Acquisition

Pending

golf tournament

Friendly

Majority

tennis tournament

Synopsis

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IMG, a company in sports, fashion, events and media, agreed to acquires the Mutua Madrid Open, a tennis tournament, and Acciona Open de España, a golf tournament, from Super Slam, Madrid Open organizer, and Madrid Trophy Promotion, Spanish entity that operates the tournament. Financial terms were not disclosed. “The Mutua Madrid Open will be a strong addition to our global events portfolio and tennis business, which will now boast two of the three mandatory combined events on both tours. We’re looking forward to leveraging Endeavor’s broader network to further enhance the fan experience and add value across production, media, brand partnerships, retail, and hospitality, just as we’ve done with the Miami Open,” Sam Zussman, IMG Co-President of Media and Events.

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