Silver Lake Completes Endeavor Acquisition, Renames It WME Group
- Endeavor has officially gone private following an acquisition by Silver Lake Partners, valued at $25 billion.
- Ari Emanuel will receive $175.8 million in cash while rolling over ownership valued at $290.3 million.
- Patrick Whitesell rolled over $265.7 million into the new entity and is launching a new investment venture with Silver Lake.
- Other executives are also rolling ownership interests into the new company, according to SEC filings.
21 Articles
21 Articles
Ari Emanuel Cashes Out $176 Million As Endeavor Goes Private, Patrick Whitesell $100 Million
Ari Emanuel, the new executive chairman of WME Group, is taking out $175.8 million in cash as Endeavor is acquired by Silver Lake Partners. The transaction announced this morning creates a private company its new owner valued at $25 billion. Endeavor stakeholders are rolling chunks of their current ownership into the new private entity, but […]
Endeavor officially goes private as Ari Emanuel and Patrick Whitesell change roles
Beverly Hills entertainment company Endeavor became a privately owned company Monday, with Ari Emanuel, previously the CEO, becoming executive chairman of WME Group — which runs businesses such as the WME talent agency and IMG Licensing.
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