Arctos Partners to Be Acquired by KKR in $1.4B Deal

Arctos Partners, founded in 2019 and described as the largest institutional investor in pro sports franchises, has signed an agreement to be acquired by KKR & Co. Inc. The deal is valued at $1.4 billion in initial consideration, including equity subject to vesting through 2033.

The companies also disclosed potential additional consideration of up to $550 million in future equity tied to KKR share price and business-specific performance targets, vesting through 2031. Arctos manages approximately $15 billion in assets under management and invests across NFL, NBA, MLB, NHL, MLS, and more. In 2024, Arctos raised more than $4.1 billion in capital commitments for its flagship sports fund.