Giants sell 10% stake to private equity firm

Giants sell 10% stake to private equity firm

The Giants have sold a reported 10% stake in the team to private equity firm Sixth Street.

Sixth Street acquires 10% stake in San Francisco Giants - Private Equity Wire

Private equity firm Sixth Street as acquired a 10% stake in the San Francisco Giants marking a significant investment in the Major League Baseball franchise aimed at infrastructure and community development rather than player acquisitions, according to a report by then New York Times. Financial terms of the deal have not been released although Sportico values the franchise and its related holdings at approximately $4.2bn, according to a report b…

Giants Sell 10% Ownership Stake To Private Equity Firm

The Giants sold a 10% ownership stake in the franchise to the private equity firm Sixth Street this week, as first reported by Ken Belson and Lauren Hirsch of The New York Times. The team did not confirm the specific share that it sold but announced what it called a “strategic partnership” with the firm on Tuesday. Financial terms remain unreported. Team president/CEO Larry Baer said in a statement that the deal “allows (the Giants) to further s…

S.F. Giants Selling 10% of Team to Private Equity Firm

“This is not about a stockpile for the next Aaron Judge,” team president Larry Baer said.

San Francisco Giants Form Strategic Partnership with Global Investment Firm Sixth Street

Giants form strategic partnership with global investment firm Sixth Street

SAN FRANCISCO -- The San Francisco Giants and Sixth Street, a leading global investment firm, today announced a new strategic partnership. Sixth Street’s significant new equity investment into the Giants will support the organization in its pursuit to be champions on and off the field.