Carlyle Close to Acquiring Majority Stake in PrimeSport
December 31, 2014
The Carlyle Group is reportedly close to acquiring a majority stake in PrimeSport, a travel and entertainment management company, from Clearlake Capital; concurrent with the transaction, a minority ownership interest will be sold to a strategic investor, according to the report. Founded over 20 years ago, PrimeSport provides event tickets, travel, hospitality and VIP experiences for corporations, professional sports teams and fans. Clearlake has backed the company since January 2014.