RedBird Capital to launch a $1bn sports and entertainment fund

RedBird Capital to launch a $1bn sports and entertainment fund

New York-based private equity firm RedBird Capital Partners and Abu Dhabi-based investment firm International Media Investments have launched a joint venture in partnership with former CNN CEO Jeff Zucker focused on investing in media, entertainment and sports content...
Grill maker Weber to go private with BDT Capital in $3.7bn deal

Grill maker Weber to go private with BDT Capital in $3.7bn deal

Weber, known for its domed charcoal grill, said on Monday it had agreed to be taken private by controlling shareholder BDT Capital Partners LLC in a $3.7bn deal. BDT, which has a 48.2% stake in Weber, will buy all outstanding shares that it does not already own for...
Merlyn Partners seeks to win control of Serie A’s Sampdoria

Merlyn Partners seeks to win control of Serie A’s Sampdoria

Luxembourg-based investment firm Merlyn Partners is seeking to secure control of Sampdoria in what would be the latest takeover of an Italian soccer club by a private equity investor, two sources familiar with the matter told Reuters. Currently second-bottom in Serie...
Insight Partners Weighs $2bn Community Brands Sale

Insight Partners Weighs $2bn Community Brands Sale

Insight Partners is exploring the sale of Community Brands, which makes software used for donations, peer-to-peer fundraising, admissions and events, among other purposes, according to people with knowledge of the matter. The New York-based investment firm is working...
Pinarello could be up for sale after banner years

Pinarello could be up for sale after banner years

The Italian bicycle maker Pinarello could be getting a new owner in 2023. Pinarello sponsors Ineos Grenadiers and their high-end machines have been raced to victory in the Tour de France by Geraint Thomas, Chris Froome, and Bradley Wiggins. Filippo Ganna set the Hour...