LionTree

Mint and Ultra: Welcome to the T-Mobile Family!

Retrieved on: 
Wednesday, May 1, 2024
Consumer, Technology, Telecommunications, Mobile, Wireless, 5G, Hispanic, Carriers and Services, Person, HTC–Highroad, Risk, UN, Ultra Mobile, Annual report, Love, Partnership, Communication, Form, TMUS, United States corporate law, 8-K, Plum, Mint Mobile, TAP, Acquisition, Metro by T-Mobile, Multimedia, BofA Securities, LionTree, Unlimited, ID, T-Mobile, Team, Growth, Latham & Watkins, Cryptocurrency

View the full release here: https://www.businesswire.com/news/home/20240501364824/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240501364824/en/
    Mint and Ultra: Welcome to the T-Mobile Family!
  • Ryan Reynolds will continue in his creative role on behalf of Mint.
  • “In partnership with T-Mobile we have delivered the best value in wireless to our customers,” said David Glickman, Founder and CEO of Mint, Ultra and Plum.
  • Latham & Watkins LLP served as lead legal counsel and advisor with Bernstein Shur also serving as legal counsel for Ka’ena Corporation.

Griffin Gaming Partners Welcomes Emily Wang as New Partner and Chief Operating Officer

Retrieved on: 
Tuesday, April 30, 2024
Technology, Electronic Games, Entertainment, Consumer Electronics, Sale, Pullstring, PVH, IBM Cloud Video, Signet Jewelers, Griffin, Hardball, LionTree, Economics, Partner, IBM, Video game

Griffin Gaming Partners, one of the world’s leading venture capital firms focused on gaming, today announced that Emily Wang has joined the firm as Partner and Chief Operating Officer.

Key Points: 
  • Griffin Gaming Partners, one of the world’s leading venture capital firms focused on gaming, today announced that Emily Wang has joined the firm as Partner and Chief Operating Officer.
  • Emily brings over a decade of experience advising on mergers, acquisitions, and financings for major technology and interactive entertainment companies to the Griffin team.
  • "Emily is the total package - brilliant strategist, tenacious executor, and a true student of gaming culture," said Peter Levin, Managing Director and Co-Founder of Griffin Gaming Partners.
  • "I'm honored to partner with the Griffin team on this next chapter," said Emily Wang.

Bending Spoons to Acquire StreamYard, Leader in Live-Streaming and Video-Recording Solutions

Retrieved on: 
Tuesday, April 9, 2024
Entertainment, Apps, Applications, Technology, Online, Audio, Video, Software, Internet, Bending Spoons, LionTree, KPMG, Willkie Farr & Gallagher, Acquisition

Technology company Bending Spoons today confirmed it has agreed to acquire StreamYard Top Corp (also known as Hopin), which owns and operates the products StreamYard, Streamable, and Superwave.

Key Points: 
  • Technology company Bending Spoons today confirmed it has agreed to acquire StreamYard Top Corp (also known as Hopin), which owns and operates the products StreamYard, Streamable, and Superwave.
  • With millions of users worldwide, StreamYard has powered the live-streaming and recording of more than 60 million videos to date.
  • “We admire what the StreamYard team has built and look forward to leveraging our know-how and technologies to help its solutions reach new heights going forward,” said Bending Spoons co-founder and CEO, Luca Ferrari.
  • For the acquisition, Bending Spoons was assisted on legal matters by Willkie Farr & Gallagher, and with its financial and tax due diligence by KPMG.

Griffin Gaming Partners Welcomes Aaron Loeb as New Operating Partner

Retrieved on: 
Friday, March 15, 2024
Electronic Games, Entertainment, Professional Services, Finance, Operating partner, Kabam, Partner, FoxNext, Fund, Griffin, Entrepreneurship, LionTree, Marvel Contest of Champions, The Simpsons: Tapped Out, Television, Video game

Griffin Gaming Partners, the world’s leading venture capital firm focused on the global gaming market, is proud to announce the addition of Aaron Loeb as Operating Partner.

Key Points: 
  • Griffin Gaming Partners, the world’s leading venture capital firm focused on the global gaming market, is proud to announce the addition of Aaron Loeb as Operating Partner.
  • "Having worked with Aaron during several pivotal industry transactions, I've witnessed firsthand his strategic acumen and deep understanding of the gaming world,” commented Nick Tuosto, Co-Founder and Managing Director at Griffin Gaming Partners.
  • Aaron Loeb's appointment as Operating Partner marks a significant milestone for Griffin Gaming Partners, reinforcing the firm's commitment to fostering innovation and excellence in the gaming industry.
  • Griffin Gaming Partners is the world’s leading venture capital firm focused on the global gaming market with over $1B in assets under management.

CD&R to Acquire Presidio from BC Partners

Retrieved on: 
Tuesday, April 2, 2024
Microsoft, Partner, UBS, Citigroup, Palo Alto Networks, Growth, Partnership, LionTree, LLP, CD&R, BC Partners, Guggenheim Partners, Martha Plimpton, Cisco, BNP Paribas, Dell, Wells Fargo, Plex Systems, Kirkland & Ellis, RBC Capital Markets, Management

NEW YORK, April 2, 2024 /PRNewswire/ -- Clayton Dubilier & Rice ("CD&R" or the "Firm") and BC Partners today announced that they have entered into a definitive agreement under which funds affiliated with CD&R will acquire a majority ownership position in Presidio, a leading technology services and solutions provider, from BC Partners. As part of the transaction, funds affiliated with BC Partners will retain minority ownership interest in Presidio. Terms of the transaction were not disclosed.

Key Points: 
  • NEW YORK, April 2, 2024 /PRNewswire/ -- Clayton Dubilier & Rice ("CD&R" or the "Firm") and BC Partners today announced that they have entered into a definitive agreement under which funds affiliated with CD&R will acquire a majority ownership position in Presidio, a leading technology services and solutions provider, from BC Partners.
  • As part of the transaction, funds affiliated with BC Partners will retain minority ownership interest in Presidio.
  • BC Partners acquired Presidio in 2019, successfully delisting the Company from the Nasdaq in a $2.1 billion take private transaction.
  • Under BC Partners' ownership, Presidio initiated and completed a transformative growth plan, developing a leading cloud services business and expanding internationally.

AppLovin Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Thursday, February 29, 2024
Software, Marketing, Artificial Intelligence, Data Management, Communications, Professional Services, Technology, Business, Attention, Prospectus, EDGAR, Sale, AppLovin, Form, PBC, LionTree, Raine, Communication, BofA Securities, Goldman Sachs, Form S-3, Citigroup, Stern, Security (finance)

AppLovin will not receive any proceeds from the sale of its Class A common stock by the Selling Stockholder in the offering.

Key Points: 
  • AppLovin will not receive any proceeds from the sale of its Class A common stock by the Selling Stockholder in the offering.
  • In addition, AppLovin intends to repurchase approximately $570.0 million of the shares of Class A common stock being offered in the offering at the same per share price to be paid by the underwriters to the Selling Stockholder in the offering, inclusive of underwriting discounts and commissions (the “Concurrent Share Repurchase”).
  • The Concurrent Share Repurchase is conditioned upon the completion of the offering and therefore there can be no assurance that the Concurrent Share Repurchase will be completed.
  • The offering is not conditioned upon the completion of the Concurrent Share Repurchase.

Griffin Gaming Partners and Rendered VC Release The 2023 Game Development Report

Retrieved on: 
Friday, February 2, 2024
Software, Technology, Electronic Games, Entertainment, Multimedia, Fund, Ben Brode, Growth, Console, Research, Bandai Namco Holdings, AI, Electronic Arts, Griffin, Partner, Render, MARVEL, Blockchain, PC, LionTree, Video game

Griffin Gaming Partners, one of the world’s largest venture capital firms focused on the global gaming market, has partnered with Rendered VC, a specialist fund, to release the 2023 Game Development Report.

Key Points: 
  • Griffin Gaming Partners, one of the world’s largest venture capital firms focused on the global gaming market, has partnered with Rendered VC, a specialist fund, to release the 2023 Game Development Report.
  • “Games with live-service dependent go-to-market strategies require developer efficiency that today’s game tech isn’t built to deliver,” said Jiten Dajee, Partner at Rendered VC.
  • To access the full analysis and additional insights, download the 2023 Game Development Report: bit.ly/2023GameDevelopmentReport .
  • Griffin Gaming Partners is one of the world’s largest venture capital firms focused on the global gaming market with over $1B in assets under management.

Introducing Avail: A New Platform Harnessing AI to Help Hollywood Cover More IP and Innovate the Pre-Production Process

Retrieved on: 
Monday, December 4, 2023
Software, Entertainment, Film & Motion Pictures, Professional Services, Books, Start-Up, Technology, Artificial Intelligence, General Entertainment, Other Entertainment, TV and Radio, Other Professional Services, BCG, Gimlet Media, Entrepreneurship, Amazon, Shari Redstone, Boston Consulting Group, Book, Silicon, Student, TMT, Chegg, Partnership, Smule, LionTree

Avail’s coverage offering summarizes scripts and books of any length, outputting a hallucination-free detailed summary, character breakdown, and tonal assessment within minutes.

Key Points: 
  • Avail’s coverage offering summarizes scripts and books of any length, outputting a hallucination-free detailed summary, character breakdown, and tonal assessment within minutes.
  • “After months of R&D, we’re thrilled to share Avail with the industry,” said Chris Giliberti, Co-Founder and CEO of Avail.
  • “In my executive days, the biggest challenge I faced was keeping up with the myriad of submissions.
  • Liu built his own platform for students as an undergrad, and began his tech leadership career at startups Chegg and Smule.

eBay Supports Voluntary Offer to Acquire Adevinta

Retrieved on: 
Tuesday, November 21, 2023
EBay, SAN, LionTree, Permira, USD, Schibsted, EBAY, Auction, Cryptocurrency

SAN JOSE, Calif., Nov. 21, 2023 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, announced its support for the voluntary tender offer led by Permira and Blackstone to acquire all the publicly traded shares of Adevinta (the "Offer"). As part of the transaction, eBay would sell 50% of its shares for an estimated USD $2.2 billion and would exchange the remaining shares for an equity stake of approximately 20% in the newly privatized company.

Key Points: 
  • SAN JOSE, Calif., Nov. 21, 2023 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of sellers and buyers around the world, announced its support for the voluntary tender offer led by Permira and Blackstone to acquire all the publicly traded shares of Adevinta (the "Offer").
  • "We strongly support this offer, which we firmly believe is in the best interests of our shareholders," said Jamie Iannone, Chief Executive Officer at eBay.
  • The Offer is being made through Aurelia Bidco Norway AS, a Norwegian private limited liability company established for the purpose of the Offer.
  • eBay would sell 50% of its stake in Adevinta in the transaction, receiving approximately USD $2.2 billion in cash upon closing.

Professional Fighters League Acquires Bellator in Industry Transformative Deal

Retrieved on: 
Monday, November 20, 2023
MMA, Acquisition, PFL, Citigroup, Professional Fighters League, Sidley Austin, LionTree, Paramount Global, City, UFC, Lead, AI, Sport, Video game, Boilermaker, Bellator

NEW YORK, Nov. 20, 2023 /PRNewswire/ -- Professional Fighters League (PFL) announced it has completed the acquisition of Bellator from Paramount Global (NASDAQ:PARA), creating a global powerhouse in mixed-martial arts (MMA) and accelerating the combined company to become the industry co-leader.

Key Points: 
  • In addition, PFL + Bellator now has the best roster of women's fighters in the world.
  • All newly acquired Bellator fighters will become part of the PFL platform and available to compete in PFL fight franchises.
  • PFL will continue the Bellator brand, and Bellator will be the "one-off" event product from PFL.
  • Bellator becomes one of five live fight franchises of the Professional Fighters League: PFL League Season, PFL PPV Super Fights, PFL Challenger Series, PFL International Leagues, and Bellator.