Jost Hartmann
Proventis Partners
Team Sauerland
Deal Type
Company sale
Sector
Technology
Completion Date
31st March 2021
Deal Value
Not disclosed
Company Background
Team Sauerland, founded in 1978 by Hall of Fame legend Wilfried Sauerland, is led by brothers Kalle & Nisse Sauerland, and has been a leading presence in world boxing for over five decades. They have promoted more than 50 world champions across multiple weight classes. Their history within the sport is unrivalled having promoted thousands of championship events worldwide, breaking box office records in Europe, Asia, Africa, the US and Latin America. During this time that have worked with top fighters such as David Haye, Evander Holyfield and Mikkel Kessler as well as current stars that include World Champion Mairis Briedis, Filip Hrgovic and Chris Eubank Jr.
For further information: www.sauerlandpromotion.com
Deal Summary
Proventis partners advised Team Sauerland, one of the world’s leading boxing promoters, on its sale to Wasserman. The deal also catalyses the creation of WASSERMAN BOXING, an exciting new boxing focused marketing and promotions offering within Wasserman’s industry leading global sports’ company. This addition is also a major statement of intent by Wasserman within the Boxing industry, thereby supplementing its internationally acclaimed representation business.
This new announcement has greatly enhanced the reputation of Wasserman’s current Boxing division, having successfully represented a number of leading athletes including former super middleweight world champion George Groves and London 2012 medalist Anthony Ogogo.
Value Added
Proventis Partners exclusively advised Team Sauerland and its shareholder during the entire M&A process. The services included the preparation of the entire transaction documentation, the coordination of the due diligence and the commercial negotiation of the transaction.
Team Sauerland deal contacts
Key members of the Proventis Partners deal team crucial in the Team Sauerland transaction
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