Cordillera Investment Partners has acquired a minority stake in Northridge Law, as the private equity firm expands into sports-linked professional services, the Financial Times reported.

The transaction gives the San Francisco-based investor a board seat at the UK boutique, reflecting a growing trend of private capital targeting advisory businesses tied to sports and media.

Northridge has built a strong position in high-profile sports transactions, advising on Chelsea’s 2022 sale, one of the largest deals in the sector, alongside mandates involving clubs, governing bodies, and commercial partners.

“The emergence of sport as an investible asset class, and in particular the influx of private capital into the industry, has driven the growth of our transactional practice,” Ian Lynam, founding partner at Northridge told the Financial Times.

The firm is now looking to expand into adjacent areas including media rights and stadium development, supported by the new investment.

Cordillera’s strategy focuses on investing in “toll takers” within the sports ecosystem, targeting advisory and infrastructure businesses rather than teams themselves.

The deal underscores increasing private equity interest in professional services firms, particularly those operating in high-growth sectors such as sports, where deal activity has accelerated.

It also reflects broader capital flows into the sports industry, with investors backing leagues, teams, and supporting businesses across football, rugby, and other global sports.

If you think we missed any important news, please do not hesitate to contact us at [email protected].

Can`t stop reading? Read more.