Silver Lake-backed Diamond Baseball completed the acquisition of Charlotte Knights.

Silver Lake-backed Diamond Baseball, a company that owns and operates select Minor League Baseball teams, completed the acquisition of Charlotte Knights, a baseball team. Financial terms were not disclosed. “On behalf of my family, I’d like to extend my sincere thanks to Mecklenburg County, the City of Charlotte, Charlotte Center City Partners and the fans of the Charlotte Knights for supporting our franchise over the years. For the past 25-plus years, the Knights have been a big part of my family’s life and I wish the club much success as it moves into a new chapter with Diamond Baseball Holdings. Truist Field is one of the finest ballparks in the country and baseball is a true staple of the Charlotte community. We will continue to support the Knights and attend as many games as possible," Don Beaver, Charlotte Knights Partner.