Private Investors – L.A. Dodgers
Represented private investment group in connection with their acquisition of an ownership interest in the Los Angeles Dodgers.
Represented Avenue Sports Fund in Multi-Club Ownership Group for Women’s Football Clubs
Represented Avenue Sports Fund, an affiliate of Avenue Capital Group, respecting its equity investment in Mercury13, a multi-club ownership group focused on women’s football clubs in Europe and South America, which currently owns FC Como Women of Italy’s top-tier Serie A Femminile.
Resources
Avenue Sports Fund – Investment in Immersive Technology, Media, and Entertainment Company
Represented Avenue Sports Fund in its investment in Cosm, a leading immersive technology, media, and entertainment company. The funding will drive long-term growth of Cosm's "shared reality" venues as well as its technology and media business units.
Resources
Avenue Sports Fund – Capital Investment in English Soccer Club
Represented Avenue Sports Fund in its partnership with Bright Path Sports Partners in connection with their investment in Gamechanger 20 Ltd, the owner of Ipswich Town Football Club. Ipswich Town competes in the Premier League, the top tier of the English football league system. Avenue Capital will have representation on the Ipswich Town Board of Directors and will provide strategic input in addition to the equity capital and lending facility.
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Avenue Sports Fund as Lead Investor Group in Acquisition of Sail GP U.S. Team
Represented Avenue Sports Fund as lead investor in the acquisition of the U.S. team in the global sailing league SailGP. The team acquisition was the largest in SailGP history, and, according to Sports Business Journal, constituted a record valuation for a SailGP team.
“The investment by the Avenue Sports Fund in the U.S. SailGP Team is a perfect fit for our strategy of supporting emerging sports and leagues to capitalize on the globalization of sports and related areas of potential rapid growth,” said Marc Lasry, Avenue Capital Group Chairman and CEO.
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Represented Avenue Capital Group in PGA Tour Investment
Represented Avenue Sports Fund, an affiliate of Avenue Capital Group, respecting its investment in Strategic Sports Group (SSG), a consortium of sports franchise owners and investors, in support of SSG’s $3 billion investment in PGA Tour Enterprises, a new commercial venture between the PGA Tour, SSG and PGA Tour players.
Michel Design Works Acquired by Portfolio Company of Audax Private Equity
Represented the shareholders of Michel Design Works Ltd, a leading omni-channel lifestyle brand, in connection with its stock sale to Stonewall Kitchen, a premier specialty food and home goods platform in North America. Stonewall Kitchen is a portfolio company of Audax Private Equity, which has invested over $7 billion in more than 140 platforms and over 1,000 add-on companies.
Resources
Transfer of Assets and Brand of High-End Retail Clothing Company
Represented owners of a high-end retail clothing company in the successful transfer of the assets and brand to a competitor.
Merchant Bank – Corporate Matters
Represented a merchant bank in the ownership and operation of numerous investments including a joint venture with a preeminent cosmetics brand.
Concession Service Provider – UK Acquisition
Represented international concession service provider in its acquisition of UK hospitality provider specializing in providing premium customer event experiences.
Internal Restructuring of Real Estate Family Office
Represented clients in internal restructuring of real estate family office restricting and facilitating entity simplification plan to implement client desired future business goals, involving more than 80 entities.
Fotografiska Park Avenue Flagship
Represent Fotografiska, a Swedish photography destination, in connection with establishing its NYC flagship location at 281 Park Avenue South, New York.
Legends Hospitality – MainGate Equity Acquisition
Represented Legends Hospitality Management, LLC in its equity interest acquisition in MainGate, Inc., a leading event retail and merchandise company. The acquisition will create a robust multi-channel retail and e-commerce platform to facilitate the connection between brands and fans.
Sports Ventures – Ownership Transfer
Represented client in connection with a minority ownership transfer of an NBA franchise.
Social Media Company – Sale and Rollover
Represented Fizziology, a social media research and analytics company, in its sale and in a rollover transaction with a private equity sponsored buyer.
D.C. United – Acquisition by Levien Soccer
Represented Levien Soccer in connection with its buyout of D.C. United.
Real Estate Developer – Joint Venture
Represented real estate developer in joint venture with an industrial partner.
Common – Real Estate Transactions
Representing Common, a co-living developer and operator with properties in six U.S. cities, in a wide range of real estate transactions.
Common Living – KIN
Represented Common Living Inc. in a joint venture with Tishman Speyer in the launch of KIN, the first residential brand in the U.S. focused on developing metropolitan area properties geared toward young families.
Investment in E-Commerce Jewelry Retailer
Represented client in an investment in an E-commerce business that delivers jewelry to consumers on demand through its partnership with high-end jewelry brands.
Legends Hospitality – Investment by New Mountain Capital
Represented Legends Hospitality, the sports and entertainment joint venture controlled by the New York Yankees and Dallas Cowboys, in a strategic partnership and investment in the company by New Mountain Capital.
Asset Management Co. – Acquisition of Israeli Basketball Team
Represented an asset management company in the proposed acquisition of an interest in a premier professional basketball team located in Jerusalem. The team has won several titles recently, including the EuroCup and the Israeli League championship.
Consumer Products Manufacturer – Sale to Private Equity Fund
Represented a New Jersey-based supplier of specialty ingredients and products for the cosmetics industry in its sale to a private equity fund.
Grosvenor U.S. Investment
Represented a sovereign wealth fund in a venture capital investment.
UFC – Mayweather v. McGregor Bout
Represented Ultimate Fighting Championship (UFC), as lead counsel, in the August 2017 Floyd Mayweather, Jr. v. Conor McGregor bout at the T-Mobile Arena in Las Vegas.
McKinsey & Company – Structural Analysis
Represented McKinsey & Company in a review and analysis of its global organization and in rendering a legal opinion regarding ownership of its subsidiaries and affiliates.
MLS Soccer Agency – Establishment of US Platform
Represented a major league soccer agency in the establishment of its US platform.
Fox Sports/NYRA – Landmark Wagering and Media Rights Agreements
Represented New York Racing Association, Inc. (NYRA) in an expanded partnership agreement establishing Fox Sports as NYRA Bets' official wagering partner and the leading media provider for elite thoroughbred racing through the next decade. The prior FOX Sports/NYRA media rights agreement provided a FOX Sports subsidiary with an option to acquire a 25% stake in NYRA Bets, LLC, a leading Advance Deposit Wagering (ADW) platform available to customers in 30 states across the country. The FOX Sports subsidiary will exercise this option by the summer of 2021, pending final regulatory approval.
The agreement provides a FOX Sports subsidiary with a future opportunity to increase its equity interest in NYRA Bets.
Resources
New York Islanders – Charity Raffles
Advised the New York Islanders in connection with conducting 50/50 raffles in New York and Connecticut.
Racing Association – Acquisition of Minority Interest in Elite Turf Club
Represented a prominent thoroughbred racing association in the acquisition of a minority interest in Elite Turf Club, a provider of natural turf installation services.
Investor – Venezia FC Acquisition
Represented sports investor Joe Tacopina in franchise acquisition and ownership matters, including negotiating and structuring his exit as president and co-owner of the Italian soccer club Bologna F.C. 1909, and his ensuing acquisition of Venezia F.C.
Sports Investor – Lexington Legends MiLB Acquisition
Represented a sports investor in the acquisition of the Kansas City Royals' Class A affiliate Lexington Legends, and the team's home stadium, Whitaker Bank Ballpark.
Private Investment Firm – Innovative Building Systems LLC
Represented a private investment firm in the acquisition by Innovative Building Systems LLC, the leading custom modular home producer in the U.S., of HandCrafted Homes. The acquisition allowed our client to convert its investment in HandCrafted Homes to a minority ownership interest in IBS.
Small Bone Innovations – Acquisition by Stryker Corporation
Represented Small Bone Innovations in its acquisition by Stryker Corporation, one of the world's leading medical technology companies, in an all-cash transaction valued at up to $375 million.
Mediware Information Systems – Going Private
Represented Mediware Information Systems, Inc., a leading provider of clinical software solutions, in its acquisition by leading private equity investment firm Thoma Bravo, LLC in a transaction valued at $195 million.
Powers Fastners – Stanley Black & Decker
Represented Powers Fasteners in its successful sale to Stanley Black & Decker Inc. (NYSE:SWK). Powers, founded in 1921 and based in Brewster, NY, is North America’s leading supplier of concrete and masonry anchors and fastening systems.