Smasher Sports, backed by global investment firm Terra Invest and former Wimbledon tennis player Ashok Amritraj-backed Hyde Park Entertainment, has acquired the Delhi Franchise of the World Pickleball League (WPBL), the...
European PE firm Altor to buy majority stake in Canada’s iconic CCM Hockey
Private equity firm Altor said on Wednesday it has agreed to buy a majority stake in Canada’s iconic 125-year-old brand CCM Hockey, which specializes in manufacturing sports equipment and apparel. Private equity...
GMR Group inks £43 million deal to acquire Hampshire Cricket team
Infrastructure conglomerate GMR Group has signed a definitive agreement to acquire UK’s Hampshire Sport & Leisure Holdings Ltd (HSLHL), owner of Hampshire Cricket and Utilita Bowl stadium, in a landmark deal...
BC Partners in exclusive talks to invest in EuroLeague basketball competition, FT reports
Private equity firm BC Partners is discussing buying a minority stake in the EuroLeague basketball competition, edging out rivals including General Atlantic and Saudi Arabia’s SURJ Sports Investment, the Financial...
Rogers to buy Bell’s stake in Maple Leaf for $3.46 billion
Rogers Communications said it would buy Bell’s stake in Maple Leaf Sports & Entertainment for C$4.7 billion ($3.46 billion) to become the majority owner of the Canadian sports firm behind the Toronto Raptors...
David Beckham-backed Guild Esports set for takeover by US-based DCB Sports
Shares in David Beckham-backed Guild Esports surged more than 54% in early trading on Monday, after the gaming firm said it is planning to agree to a takeover offer from California-based investment management company...
Gautam Adani and Torrent to buy majority stake in IPL team Gujarat Titans
Adani Group and Torrent Group are in discussions with private equity firm CVC Capital Partners to buy a controlling stake in the Gujarat Titans, an Indian Premier League (IPL) team. According to a report by the Economic...
Vista Outdoor to sell sporting unit for $1.96 bln after Czechoslovak Group raises offer
Vista Outdoor said it had agreed to sell its sporting products business to Czechoslovak Group (CSG) for $1.96 billion, after the Prague-based defense firm raised its offer to acquire the unit from the company. The...
Businessman Textor to sell his stake in Palace
Crystal Palace co-owner John Textor said on Friday he is trying to sell his majority stake in the club, which he owns 45% of through his company Eagle Football Holdings, and has appointed the Raine Group to find a buyer...
Russian billionaire exploring possible sale of French soccer club Monaco
Russian billionaire Dmitry Rybolovlev is exploring the possibility of selling his stakes in French soccer club Monaco. Rybolovlev has been the majority owner of Monaco since 2011. After Les Echos newspaper reported that...
UK’s Frasers plans to buy SportScheck assets out of administration
British sports and fashion group Frasers said it will seek to buy SportScheck’s business and assets out of administration after the German sporting goods retailer filed for insolvency. Frasers had agreed to...
German football league expects at least four bids in 1 billion euro stake sale, sources say
German football’s governing body Deutsche Fussball-Liga (DFL) has invited five financial investors to apply for a stake in the Bundesliga’s marketing rights, two sources familiar with the matter told Reuters...
