Golazo! Private equity hopes to score deal screamer
A quartet of private equity firms are hoping to orchestrate a fresh bid to invest in the media rights of Serie A, Italy’s top flight football league. The squad of investors includes Carlyle Group, Apax Partners, Three Hills Capital Partners and Searchlight Capital. They’ll be hoping their preliminary bid proposal hits the back of the net with Serie A’s chiefs and leads to goalmouth celebrations and cheers of “Golazo”, given that a separate EUR1.7 billion bid last year led by CVC Capital ended with a red card. Watch closely over the coming weeks to see if this latest consortium succeeds with its Italian Job application.
