Published 1 year ago

Women’s tennis tour, WTA, in commercial partnership with CVC

Summary by Ground News

CVC Capital Partners contributing $150 million for a 20% stake in what will be known as WTA Ventures LLC. WTA Chairman and CEO Steve Simon: "The ambition is to materially grow womens professional tennis" Simon said there will be a decision about where to hold this season's WTA Finals by the end of March.

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The Independent

WTA Tour: Women’s tennis set for £125m investment from CVC

Private equity firm CVC Capital Partners are heavy investors in sport

1 year ago·London, United Kingdom

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Associated Press News

Women’s tennis tour, WTA, in commercial partnership with CVC

1 year ago·United States

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abc News

Women’s tennis tour, WTA, in commercial partnership with CVC

The women’s professional tennis tour has launched a commercial enterprise with CVC Capital Partners to increase revenues for the sport

1 year ago·United States

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ESPN

WTA launches commercial partnership with CVC

The WTA launched a commercial enterprise with CVC Capital Partners to increase revenues for the sport, with the investment manager contributing $150 million for a 20% stake in what will be known as WTA Ventures LLC.

1 year ago·United States

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NBC Sports

Women’s tennis tour, WTA, in commercial partnership with CVC

The women’s professional tennis tour launched a commercial enterprise with CVC Capital Partners on Tuesday to increase revenues for the sport, with the investment manager contributing $150 million for a 20% stake in what will be known as WTA Ventures LLC. “Obviously, the ambition is to materially grow women’s professional tennis. Grow our profile, its value, the prize money,” WTA Chairman and CEO Steve Simon said. “This arrangement is certainly …

1 year ago·Stamford, United States

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