Shervin Mirhashemi, Legends Position Majority Investment By Sixth Street
Legends, the hospitality and high quality experiences company, has announced a majority investment by private equity firm Sixth Street, which usually manages over fifty dollars billion in possessions.
The offer is expected to be able to value Legends with $1. 3 million including debt, for each The Wall Street Journal.
Legends can be a joint venture involving Yankee Global Businesses, a joint venture partner of typically the New York Yankees, and Dallas Cowboys owner Jerry Smith.
Founded in 2008, Legends partners with top sports in addition to entertainment brands to create, plan and handle projects like stadium concessions and web commerce portals.
The investment highlights the expanding demand for live life experiences across sectors? especially once fans can return to be able to venues and curiosity likely skyrockets.
? Typically the desire to survive, play and encounter is never greater,? said Shervin Mirhashemi, us president and chief full-time officer of Stories.
Legends has partnered with a selection of teams and even companies including Genuine Madrid FC, SoFi Stadium, the Mis Angeles Clippers and Live Nation Entertainment Inc. The deal with Sixth Street is expected to close in typically the first quarter.