The deal brings Equine Network into a portfolio that already includes stakes in La Liga, Ligue 1, the Women's Tennis Association, Volleyball World, Six Nations Rugby, Premiership Rugby, and the United Rugby Championship. CVC said the addition strengthens Global Sport Group's exposure to the US market while diversifying into a new sport. Founded by Tom Winsor, Equine Network has built a commercial platform spanning around 40 owned competitions and more than 800 sanctioned third-party events across Western and English disciplines. CVC estimates the US equestrian sports market at about $2.5bn. 'CVC's investment experience in sports spans over twenty years and, while much has changed in that time, sports IP remains a very attractive opportunity in which we continue to see significant potential for further innovation and growth,' said Gemma Wright, partner in CVC's sports, media and entertainment team. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore,...
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