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New Deal


Announced

Authentic Brands Group to acquire a 55% stake in DB Ventures for $200m.

Financials

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Transaction Value£147m
Consideration TypeCash
Capital Owned-
Capital Bid For55%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

Singapore

Single Bidder

Acquisition

Venture Capital

Friendly

venture capital

Majority

Cross Border

Private

Synopsis

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Authentic Brands Group, a brand management company, agreed to acquire a 55% stake in DB Ventures, a venture builder, specializing in online to offline brokerage models, for $200m. “David and his team have built an enterprise that spans sports, entertainment, lifestyle and luxury, and we see significant opportunities to scale his brand and expand it into new verticals,” Jamie Salter, Authentic Brands, Founder Chairman and CEO.

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