Ropes & Gray Advises Sixth Street on its Majority Investment in Legends
Ropes & Gray advised Sixth Street on its majority investment in Legends. Sixth Street, a leading global investment firm, will lead the Legends partnership group alongside co-founders YGE Holdings, LLC, an affiliate of the New York Yankees, and Jones Concessions LP, an affiliate of the Dallas Cowboys. Terms of the transaction were not disclosed. The press release is here.
Founded in 2008, Legends is a premium experiences company with six divisions operating worldwide – Global Planning, Global Sales, Hospitality, Global Partnerships, Global Merchandise, and Global Technology Solutions – offering clients and partners a 360-degree service solution platform to elevate their brand and execute their vision. Founded in 2009, Sixth Street is a global investment firm with over $50 billion in assets under management and committed capital.
The Ropes & Gray team that represented Sixth Street was led by partner Jonathan Gill (New York), and included partner Elizabeth Gallucci (San Francisco), finance partners Alyson Gal (Boston) and Alexander Zeltser (New York), tax partner James Brown (New York), finance counsel Milap Patel (Boston), and associate Patrick Dorime (New York).