Shervin Mirhashemi, Legends Gets Majority Investment Coming from Sixth Street
Legends, typically the hospitality and superior experiences company, announced a majority investment through private equity firm Sixth Street, which manages over fifty dollars billion in possessions.
The deal is expected in order to value Legends in $1. 3 million including debt, for every The Wall Street Journal.
Legends is a joint venture between Yankee Global Corporations, a joint venture partner of typically the New York Yankees, and Dallas Cowboys owner Jerry Roberts.
Founded in 08, Legends partners with top sports plus entertainment brands to create, plan and deal with projects like stadium concessions and ecommerce portals.
The expense highlights the expanding demand for in real time experiences across sectors? especially once fans can return to be able to venues and curiosity likely skyrockets.
? Typically the desire to live, play and experience is never greater,? mentioned Shervin Mirhashemi, chief executive and chief executive officer of Stories.
Legends has joined with a range of teams plus companies including True Madrid FC, SoFi Stadium, the Los Angeles Clippers and even Live Nation Enjoyment Inc. The deal with Sixth Streets is expected to be able to close in the particular first quarter.