M&A Deal Summary

Herschend Family Entertainment Acquires The Harlem Globetrotters

On October 1, 2013, Herschend Family Entertainment acquired leisure company The Harlem Globetrotters from Shamrock Capital Advisors

Acquisition Highlights
  • This is Herschend Family Entertainment’s 2nd transaction in the Leisure sector.
  • This is Herschend Family Entertainment’s 2nd transaction in the United States.
  • This is Herschend Family Entertainment’s 1st transaction in Georgia.

M&A Deal Summary

Date 2013-10-01
Target The Harlem Globetrotters
Sector Leisure
Buyer(s) Herschend Family Entertainment
Sellers(s) Shamrock Capital Advisors
Deal Type Add-on Acquisition
Advisor(s) Piper Sandler & Co. (Financial)
Kirkland & Ellis (Legal)

Target

The Harlem Globetrotters

Peachtree Corners, Georgia, United States
The Harlem Globetrotters is a renowned sports and entertainment franchise focused on exhibition basketball games. The Harlem Globetrotters was formed in 1926 and is based in Peachtree Corners, Georgia.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Herschend Family Entertainment

Norcross, Georgia, United States

Category Company
Founded 1950
Sector Restaurants
DESCRIPTION

Herschend Family Entertainment Corporation creates, develops, owns, operates, and manages entertainment, tourism, and hospitality properties in the United States.


DEAL STATS #
Overall 2 of 2
Sector (Leisure) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Georgia) 1 of 1
Country (United States) 2 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-30 Adventure Aquarium

Camden, New Jersey, United States

Adventure Aquarium (www.adventureaquarium.com) on the Camden Waterfront features nearly 200,000 square feet of sea life and wildlife. In addition to hands-on, up close and interactive encounters with sea creatures like sharks, sea turtles and seals, the aquarium features a diverse array of animals including hippopotamuses, porcupines and over 20 species of African birds in a free-flight aviary.

Buy -

Seller(S) 1

SELLER

Shamrock Capital Advisors

Los Angeles, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1978
PE ASSETS 3.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Shamrock Capital Advisors is a private investment focused exclusively on the media, entertainment, marketing, and communications sectors. The Firm will consider both control and minority positions and looks to commit $30 to $300 million per transaction. Target transactions include growth equity, leveraged/management buyouts, and recapitalizations. Shamrock was originally formed in 1978 as the investment vehicle for Roy Disney. The Firm is based in Los Angeles, California.


DEAL STATS #
Overall 11 of 27
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 2 of 11
State (Georgia) 1 of 1
Country (United States) 10 of 25
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-09 Learfield Communications

Plano, Texas, United States

Learfield Communications is a provider of integrated marketing solutions in college sport. Learfield has a deep presence in the college athletics landscape nationwide. It manages the multimedia and sponsorship rights for more than 120 collegiate institutions, conferences and arenas, and supports athletic departments at all competitive levels as title sponsor of the prestigious Learfield Directors’ Cup. Learfield Communications was founded in 1972 and is based in Plano, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-06 Screenvision Cinema Network

New York, New York, United States

Screenvision is a national leader in cinema advertising, offering on-screen advertising, in-lobby promotions and integrated marketing programs to national, regional and local advertisers and providing comprehensive cinema advertising representation services for its theatrical exhibitor partners.

Sell $375M