Arctos Sports Partners Gets a Taste of the Golden State Warriors
Posted on 04/08/2021
In its first NBA deal, Arctos Sports Partners acquired an estimated 5% stake in the Golden State Warriors at a US$ 5.5 billion valuation. Arctos Sports Partners was co-founded by private equity veteran Ian Charles and former MSG CEO David “Doc” O’Connor. Ian Charles is a former executive of Landmark Partners.
John Christopher Cohan (Chris Cohan) sold the Warriors for US$ 450 million to Peter Guber and Joe Lacob for US$ 450 million in July 2010.
The Warriors were NBA Champions in the 2016-2017 season and 2017-2018 season.