.
MergerLinks Header Logo

New Deal


Announced

Completed

Diamond Baseball Holdings completed the acquisition of Norfolk Tides.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

United States

baseball club

Recreational Services

Acquisition

Majority

Private

Domestic

Completed

Friendly

Single Bidder

Synopsis

Edit

Diamond Baseball Holdings, an organization that owns and operates select minor league clubs, completed the acquisition of Norfolk Tides, a baseball club. Financial terms were not disclosed. “The Tides are stronger than we’ve ever been, and it feels like the right time to pass the baton to Pat, Peter, and the DBH team to carry forward the rich history of professional baseball in Norfolk. hank you to the Norfolk community and our fans for so many incredible years. I am confident that there is so much more to come for this club and am excited to see what Joe and the front office will do next with the support of DBH and in continued partnership with the Baltimore Orioles," Ken Young, Norfolk Tides President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US