Back to today’s briefing

Story perspectives

CVC Offers $1 Billion for Miami and Madrid Opens

3/5/2025

47 8

Summary

Story summary

CVC Capital Partners has thrown down a staggering $1 billion bid to acquire the prestigious Miami Open and Madrid Open from Endeavor Group. With the sale orchestrated by The Raine Group, fierce competition is brewing, including interest from Endeavor's own CEO, Ari Emanuel. This pivotal move could reshape the future of professional tennis.

1 of 1

Story summary

CVC Capital Partners has thrown down a staggering $1 billion bid to acquire the prestigious Miami Open and Madrid Open from Endeavor Group. With the sale orchestrated by The Raine Group, fierce competition is brewing, including interest from Endeavor's own CEO, Ari Emanuel. This pivotal move could reshape the future of professional tennis.