LBK Capital completed the acquisition of Triestina Calcio.

LBK Capital, a private equity firm, completed the acquisition of Triestina Calcio, a historic soccer club. Financial terms were not disclosed. “LBK is honored to assume ownership of Triestina and looks forward to building a winning club that makes its players, fans and partners proud. With a new management team and strengthened financial position, Triestina will be well positioned to build on its storied history and start competing at a higher level in the years to come. We also have the benefit of playing in the city of Trieste, which has all of the characteristics necessary to support a thriving sporting club. I could not be more excited about the opportunity to establish a winning culture that can drive sustained success for Triestina,” Ben Rosenzweig, LBK Managing Partner.