Represented Controlling Ownership Group of the Brisbane Bullets of the Australian National Basketball League in Acquisition of Ownership Interest
Represented the controlling ownership group of the Brisbane Bullets of the Australian National Basketball League (the “NBL”) in its acquisition of a 25% ownership interest in the Brisbane Bullets held by the NBL. With this transaction, the NBL is no longer a shareholder in the Brisbane Bullets and the members of the controlling ownership group are comprised of Australian and United States-based private investors. Other investors in the Brisbane Bullets include NBA legend George Gervin.
Brisbane Bullets CEO Malcolm Watts welcomed the increased investment, highlighting the value of having onshore ownership actively involved in the club’s growth. The controlling ownership group will seek to engage more closely with the Brisbane Bullets fans, as well as growing the overall fan base to bring a formidable “Blue Army” of Bullets supporters to every home game.