IMG Acquires Mutua Madrid Open and Acciona Open de España
April 1, 2022
IMG, an Endeavor company, has completed its purchase of the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament from Super Slam Ltd and its affiliates. Madrid Trophy Promotion (MTP), the Spanish entity that operates the tournaments, is now part of IMG and will continue to be led by Gerard Tsobanian as Senior Vice President, Tennis Events, IMG.
- Buyers
- IMG
- Targets
- Mutua Madrid Open, Acciona Open de España
- Sellers
- Super Slam Ltd and its affiliates
- Industry
- Media & Entertainment
- Location
- Community of Madrid, Spain
- Transaction Type
- Buyout
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