Cravath, Swaine & Moore LLP

04/02/2024 | Press release | Distributed by Public on 04/02/2024 13:12

Endeavor’s $25 Billion Take‑Private Acquisition by Silver Lake

On April 2, 2024, Endeavor Group Holdings, Inc. ("Endeavor"), a global sports and entertainment company, announced that it has entered into a definitive agreement to be acquired by Silver Lake, the global leader in technology investing, in partnership with the Endeavor management team and additional anchor investors. Cravath is representing the independent Special Committee of Endeavor's board of directors in connection with the transaction.

Under the terms of the agreement, Silver Lake will acquire 100% of the outstanding shares it does not already own, other than rolled interests, acquiring Endeavor at an equity value of $13 billion and a total consolidated enterprise value of $25 billion. Silver Lake believes this will represent the largest private equity sponsor public-to-private investment transaction in over a decade, and the largest ever in the media and entertainment sector.

The Cravath team is led by partners Faiza J. Saeed and Claudia J. Ricciardi and includes associates Saagar Kaul, Ahra Cho and Michael Minsuk Choi on M&A matters; partners Stephen M. Kessing and Douglas Dolan and associate Alan J. Steiner on financing matters; partners Lauren Angelilli and Andrew T. Davis and associates Carlos Nicholas Obando and Tristan Baylor on tax matters; partner Eric W. Hilfers and associates Brendon J. Rivard and Celine Li on executive compensation and benefits matters; partner Sasha Rosenthal-Larrea and associate David M. Ungar on intellectual property matters; partner Kevin J. Orsini and associate Jacqueline Kathie Matyszczyk on litigation matters; partner Jesse M. Weiss and of counsel Benjamin G. Joseloff on regulatory matters; and senior attorney Joyce Law and practice area attorney Lauren Piechocki on real estate matters.

People

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Education

  • J.D., 1991, Harvard Law School
    magna cum laude
  • B.A., 1987, University of California, Berkeley
    with Highest Distinction, Phi Beta Kappa

Admitted In

  • New York
  • California (Inactive)
  • District of Columbia (Inactive)
TitlePartnerEmail[email protected]Phone+1-212-474-1035vCardDownload vCard

Education

  • J.D., 2015, Harvard Law School
    cum laude
  • B.A., 2012, University of Pennsylvania
    Phi Beta Kappa, summa cum laude

Admitted In

  • New York
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Education

  • J.D., 2005, Duke Law School
    Order of the Coif, magna cum laude
  • M.B.A., 2001, University of Southern California
  • B.S., 1995, Miami University of Ohio

Admitted In

  • New York
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Education

  • J.D., 2014, New York University School of Law
    magna cum laude
  • B.A., 2011, Cornell University

Admitted In

  • New York
TitlePartnerEmail[email protected]Phone+1-212-474-1016vCardDownload vCard

Education

  • J.D., 2000, Harvard Law School
    cum laude
  • B.S., 1996, The Wharton School of the University of Pennsylvania
    magna cum laude

Admitted In

  • New York
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Education

  • LL.M., 2020, New York University School of Law
  • J.D., 2014, Stanford Law School
  • A.B., 2010, Princeton University
    summa cum laude

Admitted In

  • New York
TitlePartnerEmail[email protected]Phone+1-212-474-1352vCardDownload vCard

Education

  • J.D., 1998, University of Chicago Law School
    with Honors
  • A.B., 1995, Princeton University

Admitted In

  • New York
TitlePartnerEmail[email protected]Phone+1-212-474-1967vCardDownload vCard

Education

  • J.D., 2010, Columbia Law School
    Harlan Fiske Stone Scholar
  • A.B., 2007, Brown University

Admitted In

  • New York
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Education

  • J.D., 2003, New York University School of Law
    cum laude
  • B.A., 2000, The George Washington University
    Phi Beta Kappa, summa cum laude

Admitted In

  • New York
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TitlePartnerEmail[email protected]Phone+1-212-474-1421vCardDownload vCard

Education

  • J.D., 2008, Georgetown University Law Center
    magna cum laude
  • B.A., 2003, University of Maryland

Admitted In

  • New York
TitleOf CounselEmail[email protected]Phone+1-212-474-1810vCardDownload vCard

Education

  • J.D., 2008, Stanford Law School
    Pro Bono Distinction
  • B.A., 2004, New York University
    Phi Beta Kappa, summa cum laude

Admitted In

  • New York
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TitleSenior AttorneyEmail[email protected]Phone+1-212-474-1066vCardDownload vCard

Education

  • J.D., 1997, Boston University School of Law
  • B.Comm., 1994, University of Alberta
    Distinction

Admitted In

  • New York
TitlePractice Area AttorneyEmail[email protected]Phone+1-212-474-1875vCardDownload vCard

Education

  • J.D., 2012, Hofstra University School of Law
  • B.A., 2005, Syracuse University
    Dean's Scholar Maxwell Citizen Education Conference Scholar, cum laude

Admitted In

  • New York

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