EQUITY

Aug 28 2024SPORTS

KKR Acquires Varsity Brands: A New Era for School Sports

In a recent turn of events, KKR, a prominent New York-based investment firm, has acquired Varsity Brands, a Texas-based provider of sports gear for students. This acquisition, reportedly valued at $4.75 billion, was made from two other private equity firms, Bain Capital and Charlesbank. This move

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Aug 27 2024SPORTS

NFL Set to Welcome Private Equity Giants: Ares, Blackstone, and More!

Get ready for a game-changing move in the NFL! The league's 32 owners are about to vote on a proposal that would allow select private equity firms to buy up to a 10% stake in a team. The chosen firms include Ares Management, Sixth Street Partners, Arctos Partners, and a consortium dubbed 'The Aveng

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