Latham & Watkins Advises Endeavor in Completed Sale of Assets to MARI

MARI, a global events and experiences company, announced it has closed multiple acquisitions from Endeavor Group Holdings, Inc., including IMG’s portfolio of international tennis events and Frieze — the globally influential contemporary art organization — and a majority ownership interest in Barrett-Jackson, the premium collector car auction and automotive lifestyle brand. The tennis portfolio includes two premier ATP Masters 1000 and WTA 1000 tournaments — the Miami Open presented by Itaú and Mutua Madrid Open — alongside leading WTA events such as the Mubadala Abu Dhabi Open, Mubadala Citi DC Open, and SP Open. It also features high-profile exhibitions such as Giorgio Armani Tennis Classic and MGM Macau Tennis Masters, as well as the management of major ATP tournaments including the Chengdu Open, Hong Kong Open, Japan Open, and Rio Open.

Latham & Watkins represents Endeavor in the transaction with a corporate deal team led by New York partner Michael Anastasio and Chicago partner Sean Parish, with associates Daniel Weissman, Nancy Zhu, and Sofia Skara.