Announced
Financials
Sources
Tags
Private Equity
Majority
Domestic
Friendly
Entertainment
baseball
baseball team
United States
Private
Acquisition
Single Bidder
Pending
Synopsis
Silver Lake, a private equity firm, agreed to acquire Diamond Baseball, a professional development league business consisting of 10 Clubs, from Endeavor, a sports and entertainment company, for $280m. “Ultimately our relationship with MLB and the MLBPA took priority given the importance of our overall agency business and our continued investment in our baseball representation practice within WME Sports. Silver Lake will be an excellent partner to these Clubs going forward given their deep understanding of the business and their incredible track record of investment in sports IP," Mark Shapiro, Endeavor President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.