Silver Lake, William Morris Endeavor Buy Ownership Stake In IMG
Dec 18, 2013, 10:28 AM
Forstmann Little & Co. has sold its ownership stake in IMG Worldwide Holdings, a sports, media and entertainment company, to Silver Lake Partners and William Morris Endeavor Entertainment. IMG has 3,500 employees in more than 30 countries around the world; the company is involved in an average of 11 sports and entertainment events every day. IMG Clients has is a leader in talent representation, including over 1,000 elite athletes, coaches and industry executives.