CLAYTON, Mo. — It appears the Pittsburgh Penguins might be celebrating the new year with a new owner with ties to St. Louis.
Frank Seravalli, a hockey insider for Victory+ and Amazon Prime Video, reported Wednesday in a social media post that Fenway Sports Group has an agreement to sell the National Hockey League franchise to the Hoffmann Family of Cos., an investment group owned by the family of billionaire Chairman David Hoffmann, a native of Washington, Missouri.
In post on X, Seravalli said his sources indicated that Fenway Sports Group “has reached an agreement to sell the NHL’s Penguins to the Hoffmann Family [of Companies]…”
Sources say @FenwaySportsGrp has reached an agreement to sell the #NHL’s @penguins to the Hoffmann family, a Chicago-based investment group led by David Hofmann.
Official announcement expected in coming days.
— Frank Seravalli (@frank_seravalli) December 17, 2025
David Hoffmann is the chairman and founder of the Naples, Florida-based Hoffmann Family of Cos. The company is involved in a range of businesses, including agriculture, aviation and transportation, financial and professional services, manufacturing, marine-related ventures, media and marketing, and real estate. Its portfolio encompasses over 120 global brands, with 17,000 employees and businesses in 30 countries. Its Hoffmann Commercial Real Estate unit is headquartered in Clayton.
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