Five U.S. Deals That Helped Define 2019

Originally published in The Wall Street Journal By Isaac Taylor and Laura Kreutze Over­all, U.S. pri­vate-eq­uity deal vol­ume slowed some­what in 2019 as of early De­cem­ber, de­spite a mount­ing pile of dry pow­der avail­able to in­vest. How­ever, plenty of pri­vate-eq­uity firms kept them­selves busy with new, and of­ten am­bi­tious, deals. This month, we high­light five deals […]

Endeavor Buys Luxury-Events Business From Bruin, RedBird

Endeavor Group Holdings Inc., the talent agency and media business led by Ari Emanuel, acquired On Location Experiences, a high-end events business for the wealthy, from existing investors. Financial terms of the deal weren’t disclosed, though people familiar with the matter said it’s valued at about $660 million. The NFL, an investor in the company, […]

SBJ College: Cardinale Talks Athlete NIL

ONETEAM POSITIONED TO AGGREGATE COLLEGE ATHLETE NIL RIGHTS – Getting the name, image and likeness rights to college athletes isn’t why Gerry Cardinale invested $125 million into OneTeam, a new business formed in conjunction with the NFL and MLB players’ associations. But he told me earlier today that OneTeam is best positioned to aggregate the marketing rights for college players if someday […]

RedBird Capital Partners and Reverence Capital Partners Complete Acquisition of Vida Capital, Inc.

RedBird Capital Partners (“RedBird”) and Reverence Capital Partners (“Reverence”) today announced they have closed on their acquisition of Vida Capital, Inc. (“Vida”), an alternative asset management platform specializing in non-correlated investment strategies. Vida’s President and CEO, Jeff Serra, along with members of the management team, invested alongside RedBird and Reverence in the transaction. The proposed transaction obtained the necessary regulators approvals and […]