Kirkland Advises Arctos on Acquisition of Minority Interest in Monumental Sports & Entertainment

Kirkland & Ellis advised Arctos Partners on the acquisition of a minority interest in Monumental Sports & Entertainment (MSE). MSE owns and operates the Washington Capitals (NHL), Washington Wizards (NBA), Washington Mystics (WNBA), Capital City Go-Go (NBA G League), and Wizards District Gaming (NBA 2K League), along with local media platform Monumental Sports Network (MNMT) and several other high-impact investments in sports and entertainment. MSE also operates Capital One Arena in downtown Washington, D.C. and is leading an $800 million+ transformation of the arena and the adjacent downtown sports and entertainment district as part of a public-private partnership with the city.

Read the transaction press release

The Kirkland team included corporate lawyers Michael Considine, Victor Ghazal and Sarah Walden; tax lawyers Don Rocap, Joe Tobias and Brooke Schafer; and investment funds ERISA lawyer Sabrina Glaser.