Visalia Rawhide Bought by OnDeck Partners

Visalia Rawhide bought by OnDeck Partners

Visalia’s Minor League Baseball team will be under new ownership.  OnDeck Partners announced Thursday that it has acquired the Visalia Rawhide.  The big picture: OnDeck Partners is a new sports ownership group within New York-based firm Avenue Capital Group, which is led by billionaire Marc Lasry.  This is the first foray into sports for Avenue Capital. The group also announced the purchase of the Montgomery Biscuits, the Single-A affiliate for…

Montgomery Biscuits baseball team sold to new owners

The Montgomery Biscuits baseball team has been sold to a newly-established owner, which is also buying another team. OnDeck Partners, a new sports ownership group within the Avenue Sports Fund, announced today that it has purchased the Biscuits and the Visalia Rawhide. The Biscuits are a AA affiliate of the Tampa Bay Rays, while the Rawhide are a single-A affiliate of the Arizona Diamondbacks, based in Visalia, California. Terms of the deal have…

Startup Takes Big Bite: Visalia Rawhide baseball team sold alongside Montgomery Biscuits

One of the oldest minor league baseball franchises on the West Coast has a new ownership group with the acquisition of the Visalia Rawhide by startup sports ownership group OnDeck Partners. The acquisition, announced Thursday, marks one of two franchises to be acquired by the group led by billionaire investor Marc Lasry. Lasry, leads Avenue Capital Group — a New York-based global firm with over $10 billion in assets with offices in the United St…