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New Deal


Announced

Endeavor completed the acquisition of a majority stake in Barrett-Jackson for $262m.

Financials

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Transaction Value£215m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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live events

Entertainment

Single Bidder

Friendly

Completed

Private

United States

collector car auction

Acquisition

Majority

Domestic

Synopsis

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Endeavor, an American holding company for talent and media agencies, completed the acquisition of a majority stake in Barrett-Jackson, the premier collector car auction and live events company, for $262m. "We have long been admirers of Barrett-Jackson and have seen first-hand the scale, excitement and 50 years of tradition surrounding their events. Like IMG, Barrett-Jackson is a pioneer of its industry, and we look forward to working with Craig and his team to build on its impressive legacy across categories including experiences, hospitality, content, marketing and partnerships," Ariel Emanuel, Endeavor CEO.

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