Cal Ripken Jr.’s mission to teach children about sports will have a powerful media- and tech-minded investor going forward.
LionTree, a global investment and merchant bank focused on the technology, media and telecommunications sectors, has made a “significant minority investment” in the Orioles great and Baseball Hall of Famer’s youth sports company, Ripken Holdings LLC (or Ripken Baseball), LionTree announced Tuesday.
Aryeh B. Bourkoff, LionTree’s CEO and founder, has guided tech giants behind the curtains, consulting on deals between Charter Communications and Time Warner Cable, Snap Inc. (Snapchat)’s public offering and Verizon’s purchase of AOL and Yahoo, according to the New York Times.