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New Deal


Announced

Completed

Silver Lake Partners-backed Diamond Baseball Holdings completed the acquisition of Worcester Red Sox.

Financials

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

Sources

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Tags

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Completed

United States

baseball team

Recreational Services

Acquisition

Friendly

Single Bidder

Majority

Private

Domestic

Synopsis

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Silver Lake Partners-backed Diamond Baseball Holdings, an American sports ownership and management group, completed the acquisition of Worcester Red Sox, a Minor League Baseball team. Financial terms were not disclosed. “We are thrilled to add the WooSox to the DBH family, our third Red Sox affiliate and a transformational Triple-A franchise for both Minor League Baseball and the City of Worcester. We are beyond excited to partner with Ralph Crowley of Polar Beverages on the purchase of the club and very grateful to Larry Lucchino, Sam Kennedy, and the entire Red Sox organization for entrusting us with this incredible franchise,” Pat Battle and Peter Freund, Diamond Baseball Holdings Executive Chairman and CEO.

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