Endeavor Going Private In Deal Valued At $13 Billion
By Dade Hayes
Endeavor Group Holdings, parent of talent agency WME and controlling shareholder in combat sports powerhouse TKO Group, is going private.
Private equity firm Silver Lake Capital is leading the privatization, which the company describes Tuesday as the largest in media and entertainment history and the biggest in any sector over the past decade. The equity value of the acquisition is pegged at $13 billion, with the enterprise value nearly double that when the TKO interest is taken into account.