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- 777 has agreed to acquire the 64.7 per cent stake in the club held by Lars Windhorst’s Tennor Holdings, it said in a statement reported by the today (Thursday), 777 said: “The 777 Football Group continues to expand with Bundesliga’s historic club, Hertha BSC!”
www.thestadiumbusiness.com/2022/11/24/hertha-berlin-acquired-by-us-private-equity-firm/
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Hertha BSC plays in the 2. Bundesliga, the second tier of German football, following relegation from the Bundesliga in 2022–23. Hertha BSC was founded in 1892, and was a founding member of the German Football Association in Leipzig in 1900. The team won the German championship in 1930 and 1931.
Nov 24, 2022 · Hertha Berlin of the German Bundesliga is set to become the latest football club acquired by US private equity investor 777 Partners. 777 has agreed to acquire the 64.7 per cent stake in the club held by Lars Windhorst’s Tennor Holdings, it said in a statement reported by the Bloomberg news agency.
Jul 22, 2023 · US private equity group 777 Partners has paid Lars Windhorst less than €15mn up front to buy his majority stake in Hertha Berlin football club, a heavy loss on the financier’s original €374mn...
Nov 24, 2022 · US private equity group 777 Partners has agreed to buy a majority stake in Hertha Berlin from Lars Windhorst in what would be the largest foreign investment in a German football club.
Mar 11, 2023 · 777 Partners have become a new shareholder of Hertha BSC GmbH & Co. KGaA. The private investment firm with headquarters in Miami has quickly built up a global, multi-club network which includes several long-standing football clubs such as Italy’s Genoa, Brazil’s Vasco da Gama, Belgium’s Standard Liège, France’s Red Star FC, Spain’s ...
Mar 14, 2023 · March 14 – Miami-based private equity firm 777 Partners has bought a 64.7% majority stake in Hertha Berlin, buying the shares of disaffected owner Lars Windhorst, held by his Peil Investment group. Windhorst had invested €374 million ($400 million) since 2019 on turning Hertha into a “big city club” but the team has never managed to put ...
Nov 23, 2022 · The boutique investment firm 777 Partners has reached an agreement to acquire a controlling stake of Hertha BSC, one of the oldest soccer clubs in Germany, people familiar with the deal told Sportico. The Miami-based firm is buying a 64.7% stake from Tennor Holding B.V., the holding company of German investor Lars Windhorst, the people said.
