Endeavor, a global entertainment, sports and content leader, has acquired a majority equity ownership stake in experiential hospitality leader On Location Experiences (“OLE”) from existing investors. The National Football League (NFL), through its strategic investment arm, 32 Equity, will continue to be a minority shareholder and retain its seat on OLE’s Board of Directors. OLE will seek to enhance its existing sports and entertainment offerings, including its long-term relationship with the NFL, by leveraging Endeavor’s unique access to content and experiences across entertainment, sports and fashion. Former Bloomberg, Westwood One and Time Inc. executive, Paul Caine, will lead the newly integrated entity. Golenbock Eiseman Assor Bell & Peskoe represented Mr. Caine in the negotiations, with GEABP partner Larry Haut leading the firm’s team. Further information on the acquisition can be found here.
Endeavor Acquires Majority Equity Ownership of On Location Experiences
