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New Deal


Announced

Completed

Atairos and NBCUniversal completed the acquisition of a 30% stake in Opry Entertainment Group from Ryman Hospitality Properties for $296m.

Financials

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Transaction Value£223m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Friendly

Single Bidder

Private Equity

Private

music brands

entertainment provider

Entertainment

Minority

Domestic

Completed

Synopsis

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Atairos, an independent strategic investment company, and NBCUniversal, an American multinational mass media and entertainment conglomerate, completed the acquisition of a 30% stake in Opry Entertainment Group, which owns iconic and emerging country music brands, from Ryman Hospitality Properties, a hotel, resort, entertainment, and media company, for $296m. "OEG’s dynamic collection of entertainment venues, digital content and iconic country music brands provide a strong foundation for continued growth as a fully-integrated country lifestyle platform. We are excited to partner with the RHP and OEG teams to explore new content distribution strategies and support their ambition of becoming the leading player in country lifestyle live entertainment and media content," Michael Angelakis, Atairos Chairman and CEO.

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