Get the latest gossip
Silver Lake Completes Endeavor Acquisition, Renames It WME Group
Silver Lake completed its Endeavor acquisition and renamed it WME Group. The private equity firm says the company's all-in value is $25 billion.
Endeavor founder and former CEO Ari Emmanuel will move into the role of executive chairman of WME Group. On Monday, Emmanuel cashed out a portion of his ownership stake in the company for $173.8 million, per a regulatory filing first reported by Variety. Led by co-CEOsDurban and Greg Mondre, Silver Lake has $104 billion in combined assets under management, and its portfolio includes stakes in companies including Oak View Group, Fanatics, TEG, Waymo, Stripe, Plaid, SoFi and Madison Square Garden Sports.
Or read this on Billboard