Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Authentic Brands Acquires Sports Illustrated From Meredith Corporation
- Client News
- May 28, 2019
Paul, Weiss represented Authentic Brands Group in its $110 million acquisition of the intellectual property of Sports Illustrated from Meredith Corporation. The purchase includes Sports Illustrated’s associated brands, including Sports Illustrated™, Sports Illustrated Kids™, Sportsperson of the Year, Sports Illustrated Swimsuit, SI™ and SI TV. Authentic Brands also acquired the rights to more than 2 million iconic images in Sports Illustrated's photographic archives. Authentic Brands is a global brand development, marketing and entertainment company.
The Paul, Weiss team included corporate partners Neil Goldman and Robert Schumer; intellectual property partner Chuck Googe; tax partner Lindsay Parks; antitrust counsel Marta Kelly and Yuni Sobel; and employee benefits counsel Jarrett Hoffman.