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New Deal


Announced

Diamond Baseball Holdings to acquire a majority stake in Tulsa Drillers.

Financials

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

Sources

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Tags

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United States

Majority

Recreational Services

basketball club

Acquisition

Private

Domestic

Pending

Friendly

Single Bidder

Synopsis

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Diamond Baseball Holdings, an organization that owns and operates select Minor League clubs, to acquire a majority stake in Tulsa Drillers, a basketball club. Financial terms were not disclosed. “It has been awesome to get to know DBH, and it’s clear that they will provide tremendous resources for us. We are confident that this new era of Drillers baseball will help us reach even higher than we have before with respect to in-park entertainment and special events. It will be business as usual when opening night arrives on April 9, 2024, at ONEOK Field and our leadership team and staff will remain in place. We are already working towards that night and fans can expect the same great experience that they are accustomed to," Mike Melega, Drillers President.

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