The influx of private equity into the world of sports has been well reported in recent years, with the adoption of PE minority stake allowances by many U.S. professional sport leagues leading to notable deals like Arctos Sports Partners’ acquisition of Shaquille O’Neal’s stake in the Sacramento Kings, or Dyal HomeCourt Partners’ minority stake in the Atlanta Hawks. And now there is another subsector in the sports industry that is emerging with M&A.
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