Global law firm White & Case LLP has advised Qatar Holding LLC, an affiliate of the Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, on its investment in Fanatics Holdings, Inc. (Fanatics), one of the fastest growing sports e-commerce businesses in the US, with operations conducted over 50 offices and facilities across the US, Central America, Europe and Asia.
QIA participated in Fanatics’ US$1.5 billion funding round, which values Fanatics at US$27 billion. QIA will hold a minority stake in Fanatics, alongside the NFL, other major sports leagues, players unions, team owners and minority investors.
The White & Case team which advised on the transaction was led by partner Michiel Visser (New York), and included partners Daniel Latham (New York), Andrew Kreisberg (Los Angeles), David Johansen (New York), Farhad Jalinous and Rebecca Farrington (both in Washington, DC), counsel Ryan Brady (Washington, DC), and associates Ilan Har-El, Stefan Golubovic (both in New York), and Anmar Al Ghadhanfari (London).
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