Silver Lake Partners-backed Diamond Baseball Holdings completed the acquisition of Louisville Bats.

Silver Lake Partners-backed Diamond Baseball Holdings, an American sports ownership and management group, completed the acquisition of Louisville Bats, a Minor League Baseball team. Financial terms were not disclosed. “We are proud to have played a part in Bats history building on the great foundation of baseball in Louisville, including our work with the City to fund major ballpark renovations that have resulted in a best-in-class fan experience at Louisville Slugger Field. We want to thank Greg, Michele Anderson, and the entire front office staff for their tireless dedication to the Bats, City and partnership with the Reds. We are fully supportive of this transaction as it paves the way for professional baseball to continue in Louisville for future generations to enjoy,” Stuart and Jerry Katzoff, Louisville Bats Managing Partners.