M&A Deal Summary

Lagardere Acquires Blue Entertainment Sports Television

On June 7, 2010, Lagardere acquired media company Blue Entertainment Sports Television from Blue Equity

Acquisition Highlights
  • This is Lagardere’s 2nd transaction in the Media sector.
  • This is Lagardere’s 1st transaction in the United States.
  • This is Lagardere’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2010-06-07
Target Blue Entertainment Sports Television
Sector Media
Buyer(s) Lagardere
Sellers(s) Blue Equity
Deal Type Add-on Acquisition

Target

Blue Entertainment Sports Television

Louisville, Kentucky, United States
BEST (Blue Entertainment Sports Television) is a unified, full-service sports and entertainment management, event and production company. The firm provides its clients and brands with cross-selling opportunities through experiential properties and a variety of sporting events, represents television rights to top events such as the US and French Opens and the Boston Marathon and guides the athletic and entertainment careers of top-notch talent such as Reggie Bush, Shawn Marion, Caroline Wozniacki and Magic Johnson.

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Buyer(S) 1

Buyer

Lagardere

Paris, France

Category Company
Founded 1826
Sector Media
Employees24,173
Revenue 8.1B EUR (2023)
DESCRIPTION

Lagardere is a diversified media group which operates through four divisions. These include Lagardere Publishing, Lagardere Services, Lagardere Active, and Lagardere Unlimited. Lagardere was founded in 1826 and is based in Paris, France.


DEAL STATS #
Overall 4 of 13
Sector (Media) 2 of 5
Type (Add-on Acquisition) 4 of 13
State (Kentucky) 1 of 1
Country (United States) 1 of 5
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-16 World Sport Group Holdings

Singapore, Singapore

World Sport Group Holdings Ltd. provides sports marketing, media and event management company in Asia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-01 Lagardère Magazine Group

France

Lagardère Magazine Group is the international magazine arm of Lagardère SCA and consists of more than 100 titles.

Sell €651M

Seller(S) 1

SELLER

Blue Equity

Louisville, Kentucky, United States

Investor Investor


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Blue Equity is a Southern-US based private equity firm focused on a variety of business transactions as well as real estate investments. The Firm will consider opportunities across all company stages, from startups to recapitalizations. Blue Equity typically looks for situations with experienced management, and depending on the situation, can be minimal or more active investor. Blue Equity was formed in 2004 and is based in Louisville, Kentucky and also has office in Miami, Florida.


DEAL STATS #
Overall 4 of 18
Sector (Media) 1 of 2
Type (Add-on Acquisition) 4 of 14
State (Kentucky) 3 of 7
Country (United States) 4 of 15
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-01 Seccion Amarilla USA

Louisville, Kentucky, United States

Sección Amarilla USA is the nation’s largest publisher of Spanish language telephone directories. Our 60 Spanish language directories in over 31 states feature advertising from local and national companies that currently serve or seek to attract the rapidly emerging Hispanic market in the United States. Sección Amarilla is also one of the few providers to display its directories electronically on the internet to drive additional usage as the Hispanic market is achieving exponential growth in the United States, Sección Amarilla provides the method to reach this rapidly increasing (both population and disposable income) demographics.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 NetBallistics

Crestwood, Kentucky, United States

NetBallistics sells, distributes, markets, and brokers products and services to outdoor enthusiasts, hunters, sportsmen, law enforcement, government and military agencies. It supplies over 45,000 products and services and is rapidly expanding its offerings. NetBallistics is based in Crestwood, Kentucky.

Buy -