LeBron James’s SpringHill sells a minority stake to a group led by RedBird
The New York Times By Brooks Barnes 14 October 2021 Link to article
LeBron James’s media group gets backing from Nike and RedBird Capital
Deal also involves Fenway and values SpringHill at $725m Financial Times By James Fontanella-Khan 14 October 2021 Link to article
Ticketing Technology Leader SeatGeek to Be Publicly Listed in Business Combination with RedBall Acquisition Corp.
NFL Valuations 2021 – Genius Sports: Steve Bornstein, RedBird Capital Partners
On The Podcast: Private Equity’s Sports Investing Playbook
Pitchbook: News & Analysis James Thorne 31 August 2021 Link to podcast TRANSCRIPT Adam: Certainly, RedBird has been on the news a lot here over the past few months for making this push into pro sports investing. We’ll get into the specific deals later, but just broadly, what do you think is driving these institutional […]
RedBird On The Biggest Risk In Sports Investing
The sports and media-focused investor held a $2.6bn final close on its latest flagship vehicle this month. Private Equity International By Carmela Mendoza 19 August 2021 Link to original article The idea that the valuations of sports teams, federations and leagues will continue to rise over a sustained period of time is a risky bet […]
Compass Datacenters Appears On The Inc. 5000 For The Second Consecutive Year With Three-Year Revenue Growth Of 508 Percent
Compass Datacenters Recognized by Inc. Magazine in Annual List of America’s Fastest-Growing Private Companies Compass Datacenters 18 August 2021 Link to original article DALLAS, Aug. 18, 2021 — Inc. magazine today revealed that Compass Datacenters is No. 1,193 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The […]
RedBird Amasses $2.6bn War Chest For Investing in Sports, Other Verticals
Buyouts By Kirk Falconer 11 August 2021 Link to original article RedBird Capital Partners, a high-profile dealmaker in the professional sports world, raised $2.6 billion in the final close of its latest flagship fund. RedBird Series 2019 wrapped up in March, securing $1.4 billion, partner Robert Klein told Buyouts. The New York private equity firm […]