CVC Capital
Private equity firm CVC Capital Partners' Global Sport Group has made its first acquisition by purchasing a majority stake in US equestrian league Equine Network for $300 million. The deal marks the division's entry into American horse sports, with founder Tom Winsor remaining as CEO. The transaction is expected to close in the second quarter of 2026 pending regulatory approvals.
Reported by AI
The CVC-backed Global Sport Group is close to acquiring a majority stake in US-based Equine Network for $300m, marking its first new league investment. This deal expands GSG's portfolio into equestrian sports, which has seen rising interest in the American market. The agreement could be announced in the coming days.