Sixth Street Makes Majority Investment in Legends

July 29, 2024

Global investment firm Sixth Street agreed to a majority investment in Legends, the premium sports and live-events hospitality and services company, in a transaction expected to close in the first quarter. Sixth Street will lead a partnership group alongside co-founders YGE Holdings (an affiliate of the New York Yankees) and Jones Concessions (an affiliate of the Dallas Cowboys); the deal is intended to accelerate Legends' global growth and expand its technology-enabled, 360-degree platform of premium experience offerings.

Buyers
Sixth Street, YGE Holdings, LLC, Jones Concessions, LP
Targets
Legends
Sellers
New Mountain Capital
Location
New York, United States
Transaction Type
Buyout

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