Argentina. of 0 shares. This Company works with business owners, families, and other individuals. RedBird Capital Partners is a private investment firm focused on building high-growth companies with flexible, long-term capital in partnership with its Entrepreneur & Family Office Network . Gerry Cardinale partnered with the Steinbrenner family in 2002 to launch YES, which was has won 118 Emmy Awards over its lifetime. Forbes recently valued his stakebelieved. Gerry Cardinale is one of the most influential dealmakers in the sports & entertainment industry. RedBirds other platform investments are often synergistic to our consumer businesses, creating multiple ways to drive value across the portfolio. . Read More TOKYO REVENGERS SEASON 2 : CHRISTMAS SHOWDOWN. Potential buyers may also need to brace for more tension inside the unions. If the future is so bright, why is RedBird looking to sell? You might contact Redbird Capital Partners Holdings Llc via mailing address: 667 Madison Avenue, 16th Floor, New York Ny 10065. 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Americas +1 212 318 2000. I am Swetha Sivakumar an Engineer who is obsessed with writing and keeping myself updated with latest and fun news to turn it into an article. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. sale To date, RedBird manages over $6B of capital on behalf of a highly curated group of blue-chip global institutional and family office investors. GuruFocus.com is not operated by a broker or a dealer. With a dynamic and diverse team committed to creating the most culturally inspired content, entertainment and products, The SpringHill Company is built to be the defining brand for a new generation. All Rights Reserved. Gerry Cardinale is the Redbird companys Founder and partner. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. In doing so, RedBird fosters investments that outlive the 3-5-year lifespan of traditional private equity funds and remain loyal to the new businesses long term. RedBirds Consumer vertical focuses on well-established brands where an experienced operating team, along with flexible, long-term capital can accelerate growth through new products/services and M&A. Aquarian Holdings is the asset manager and holding company for Investors Heritage Life Insurance Company, a fast growing life insurance annuities and retirement platform focused on the attractive fixed annuities market. Kelly Ripas Latest Announcement, Live, Book and recent updates to know! The companys four areas of investment are: energy, communications, opportunistic investments, and sports, leisure, and hospitality. This past year theyve started a Special Purpose Acquisition Company to build a base of sports properties and assets, seeded a player licensing rights company with the NFLPA and MLB, and have purchased Toulouse FC, a French football franchise in Ligue II. . It is said to be in talks with Elliot Management, owner of Italian . Click here to see the complete history of Redbird Capital Partners Llcs form 4 insider trades. But no matter what firm buys it, the company will have to be willing to navigate the risks within the unions and sports leagues. The company has executed multiple strategic acquisitions, most notably the acquisition of Root Datacenters in Montreal (July 2019). Aethon currently produces more than 450 million cubic feet of gas equivalent per day and has working interest in over 380,000 net acres. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Dream Sports is an Indian sports technology company whose principal brand is Dream11, the leading Daily Fantasy Sports (DFS) platform in India. The firm is looking to sell its stake, which could be worth $800 million, less than two years after it launched in 2019. RedBird Capital Partners | 10,408 followers on LinkedIn. If your oar hits the water wrong, gets knocked, or you fall out of sync with your team that doesnt mean the race is over. A Division of NBCUniversal. RedBird views India as one of the most attractive and fastest growing international sports markets, with a growing total addressable market of internet connected sports. Say No to Acne with these 6 easy tips to follow! Reba McEntire: Everything that you should know about the famous singer! Description: In June 2019, RedBird partnered with experienced insurance executive Bill Goldstein (CEO) to execute a platform buy-and-build strategy within the insurance distribution space by acquiring managing general agents, managing general underwriters and specialty wholesalers to establish a diversified scale book of premiums and distribution capabilities for its carrier partners. Add in the built-in licensing deals from the aforementioned companies, and it sees value with OneTeam. This investment firm has a long history of success and a growing interest in the sports world. Every profile of RedBird highlights the merger between family offices and entrepreneurs. A majority of the assets produce volumes from an enhanced oil recovery flood with CO2 and water injections. Four Corners Petroleum is a Colorado-based oil and gas company that operates and develops crude oil assets on the Central Basin Platform in the Permian Basin. Zenith Shipping is a shipping platform of product tankers and dry bulk vessels built on a ship-by ship basis. The Company provides workflow technology and a marketplace that enables the discovery, auditioning and hiring of talent across film, television, commercials, theater and digital productions, powering an unparalleled, global casting software ecosystem. Baseball players have shown little interest in enhancing their marketability. sale OneTeam is a licensing and business arm for player associations. Under RedBirds ownership, EBITDA grew more than eightfold from 2015 to 2019, through a combination of organic growth, targeted acquisitions, and merger synergies, consistent with RedBirds build-up investment strategy. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. But maybe another investment firm like BlackRock Capital, which some sources floated as a potential buyer, see the same potential that RedBird does. Sign up for free newsletters and get more CNBC delivered to your inbox. OneTeam Partners is a partnership with the Players Associations of the National Football League (NFL) and Major League Baseball (MLB) to monetize the Name, Image and Likeness (NIL) of the collective players, anchored by exclusive rights for video games and trading cards. It also bought, sold and re-acquired a stake in the YES Network. Next Tier Connect represents the opportunity to partner alongside a proven team to identify, acquire, and optimize a portfolio of mission-critical real estate properties. sale Contact Information Website www.redbirdcap.com The platform will house businesses synergistic with creating value in European football, both on and off the field. Additionally, it has generated substantial profits for Cardinales investment company. of 0 shares. Required fields are marked *. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. TierPoint operates 40+ data centers across predominantly Tier II and edge markets, offering comprehensive IT infrastructure services including retail colocation, private cloud, network, and select managed services. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Fundamental company data provided by Morningstar, updated daily. The consent submitted will only be used for data processing originating from this website. Wall Street bankers are floating its enterprise value is up to $2 billion. In summary, during the past 3 months, insiders sold 0 shares of RedBall Acquisition Corp (RBAC) in total and bought 0 shares, with a net Chris Paul #3 of the Phoenix Suns looks on during the game against the Oklahoma City Thunder on January 27, 2021 at Talking Stick Resort Arena in Phoenix, Arizona. This investment adviser does not provide advice to individual investors. The Next Tier team brings 20+ years of experience with this specific asset-profile, leveraging a value-add, repositioning strategy. In June 2019, RedBird partnered with experienced insurance executive Bill Goldstein (CEO) to execute a platform buy-and-build strategy within the insurance distribution space by acquiring managing general agents, managing general underwriters and specialty wholesalers to establish a diversified scale book of premiums and distribution capabilities for its carrier partners. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); This site uses Akismet to reduce spam. Above is the net worth, insider trading, and ownership report for Redbird Capital Partners Holdings Llc. It's unclear what will happen with OneTeam with MLB games beyond 2021 at risk and if Smith is replaced. Asia Pacific +65 6212 1000. Gerry Cardinale, like any great entrepreneur, is driven by passion. Specific targeting, partnered with emotionally impactful content,creates awareness, drives persuasion, and spurs activation for both corporate advocacy and US government campaigns. Your email address will not be published. The league also has a younger fanbase and is ahead in the NFT space, which has cooled off. 2023 CNBC LLC. 440 Royal Palm Way Suite 301 Palm Beach, FL 33480. and