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Apex Partners / News / RedBird-backed FSG to buy Pittsburgh Penguins, Brookfield to grow ‘size and scale’ of private equity platform

RedBird-backed FSG to buy Pittsburgh Penguins, Brookfield to grow ‘size and scale’ of private equity platform

November 30, 2021BharbourNews

It looks like high-profile sports investor RedBird Capital Partners is making good on a pledge to help grow its new portfolio company Fenway Sports Group. FSG officially announced an agreement to buy the Pittsburgh Penguins, the legendary hockey franchise that won the Stanley Cup five times (1991, 1992, 2009, 2016 and 2017). Terms weren’t disclosed […]

Source: https://www.pehub.com/redbird-backed-fsg-to-buy-pittsburgh-penguins-brookfield-to-grow-size-and-scale-of-private-equity-platform/

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RedBird-backed FSG to buy Pittsburgh Penguins, Brookfield to grow ‘size and scale’ of private equity platform

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