Announced
Financials
Tags
Acquisition
Pending
Majority
Private Equity
baseball team
Private
Friendly
Domestic
Single Bidder
United States
Entertainment
Synopsis
Silver Lake-backed Diamond Baseball, an organization that owns and operates select minor league clubs affiliated with Major League Baseball, agreed to acquire of St. Paul Saints, a Minor League baseball team, from Goldklang, a sports ownership and management group. Financial terms were not disclosed. “The Saints are an iconic franchise, unquestionably one of the jewels of Minor League baseball, and the club’s incredible legacy cannot be understated in St. Paul. DBH’s primary objective is to continue building on what my friends and partners of over a decade, Marv, Mike, Bill and Jeff, have already created, and to continue supporting the incredible Saints staff, players, fans and entire St. Paul community,” Peter Freund, DBH CEO.
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