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Edelman is handling both ends of Silver Lake's $500M outlay for a 10 percent stake in City Football Group, parent of Britain's premium league champion Manchester City soccer club, an investment that values CFG at $4.8M.
CFG, which is controlled by the Abu Dhabi royal family, owns New York City FC and teams in Australia, Japan, China, Uruguay and Spain.
It plans to use the proceeds from the Silicon Valley private equity firm to fuel international growth, develop infrastructure and enhance technology. A home stadium for NYCFC, which currently plays in Yankee Stadium, is in the works.
The Financial Times reports that Silver Lake's investment makes CFG the globe's richest sports investment, ahead of rival Manchester United ($2.8B) and the Brooklyn Nets ($2.4B).
Silver Lake has $43B in assets under management. Managing partner Egon Durban will join CFG's board of directors, which will increase from eight to nine members.
Edelman's Iona Stewart represents CFG and Jennifer Stroud handles Silver Lake.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
