CVC Capital Partners

CVC inks strategic partnership with WTA, takes minority stake

Last updated : Mar 09, 2023 19:03

SportzPower Team

Mar 08, 2023 18:03

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The Women’s Tennis Association has entered into a commercial rights partnership with CVC Capital Partners that also entails the private equity giant taking a minority stake in the WTA.

While financial details were not revealed, Sky News reports that CVC would be paying $150 million for a 20% stake in the WTA, with the firm set to establish a new company to oversee broadcasting and marketing operations.

Nov 15, 2021 18:11

CVC yet to get LoI from BCCI for Ahmedabad franchise bid: report

MUMBAI: Ease of doing business? CVC Capital Partners went in with eyes wide open when they made a winning bid of Rs 5625 crore to acquire the Ahmedabad franchise in the Indian Premier League.

Nov 01, 2021 06:11

CVC signs franchise agreement, makes 1st payment: Report

MUMBAI: And so it came to pass. The storm in the tea cup blew over. CVC Capital, the successful bidder for the Ahmedabad franchise in the Indian Premier League, has reportedly already fulfilled its first financial commitment.

Oct 27, 2021 20:10

After A'bad IPL team win, CVC stake in betting co. brought up

MUMBAI: This is interesting. A pointer, if any were needed, to the challenges international conglomerates must perforce confront in this market. More so when considering investing in cricket - not just India's national game but also one that in this country is intrinsically intertwined with political power plays.

Oct 26, 2021 19:10

IPL's ‘Original 8’ set for whole new revenue, valuation highs

MUMBAI: Jackpot! That about sums up the sentiment that would be running amok as it were among the "Original 8" team owners of the BIGGEST show in world cricket - the Indian Premier League.

Jun 09, 2021 10:06

CVC ready to invest in combined tennis tours: Report

PRIVATE EQUITY FIRM CVC Capital Partners would reportedly consider picking up a minority stake worth $600 million IF the men’s and women’s professional tennis tours were to be merged.

Feb 03, 2021 12:02

FIVB partners CVC to launch commercial entity Volleyball World

LAUSANNE: The International Volleyball Federation (FIVB) and CVC Capital Partners Fund VII have announced the launch of Volleyball World, a new partnership which will "drive innovation, growth and investment" in volleyball around the globe. While the investment commitment behind Volleyball World was not disclosed, insidethegames.biz put the figure at $300 million.

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