The UFC’s owners are staying large and in charge.
WME-IMG is expected to receive a $1.1 billion investment primarily involving a Canadian pension plan fund and a Singaporean wealth fund, with the deal expected to be negotiated by mid-August, according to entertainment news site The Wrap.
The investment will boost WME-IMG’s value from a $5.5 billion in 2016 to $6.3 billion.
Per The Wrap, Silver Lake Partners (a major WME-IMG stakeholder) sent out a letter to investors informing them that this move will allow for the buying out of the UFC’s minority partners and provide additional funding for various projects.