{"id":160472,"date":"2026-02-11T21:07:12","date_gmt":"2026-02-11T21:07:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/160472\/"},"modified":"2026-02-11T21:07:12","modified_gmt":"2026-02-11T21:07:12","slug":"sportsology-buys-texas-rangers-stake-as-pe-firm-seeks-500m-for-fund","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/160472\/","title":{"rendered":"Sportsology Buys Texas Rangers Stake as PE Firm Seeks $500M for Fund"},"content":{"rendered":"

\n\tSportsology Capital Partners, a private equity<\/a> firm co-founded by Mike Forde, has clinched<\/a> its second deal and first in a major U.S. sports league, acquiring a minority stake in the Texas Rangers<\/a>.<\/p>\n

\n\tFinancial terms and sellers were not announced for the deal, which closed Monday.<\/p>\n

\n\tSportsology\u2019s investment in the MLB<\/a> franchise, whose majority owner is Ray Davis<\/a>, culminates roughly one-and-a-half years of negotiations. Ares was involved in initial discussions but did not reach the final allocation, according to Sportsology executives. Last year, Ares and Sportsology invested<\/a> in France\u2019s SailGP team. Ares could not immediately be reached for comment.<\/p>\n

\n\t\u201cWe\u2019re very privileged to be part of the ownership group,\u201d said Sportsology\u2019s Forde, a former head of Chelsea FC\u2019s football operations. \u201cThis is a great group of people with a tremendous track record of success.\u201d<\/p>\n

\n\tA valuation for the Rangers, which won<\/a> their first World Series in 2023, was not disclosed. In 2025, the Texas club was valued at $2.47 billion, per Sportico<\/a>. The average MLB team is worth $2.8 billion.<\/p>\n

\t\t\t<\/p>\n

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\t\t\t<\/a><\/p>\n

\n\tThe Rangers investment is the second from Sportsology\u2019s upcoming fund. The PE firm is currently marketing<\/a> its debut pool, which is targeting about $500 million, people familiar with the situation said. The fund will feature institutional investors, family offices and high net worth executives such as Joe Pastora and Garrick Patterson, the people said.<\/p>\n

\n\tWith its first fund, Sportsology will focus on investing in the top five U.S. sports leagues, including MLS. The PE firm is seeking minority stakes in teams and leagues, as well as adjacent sports media and entertainment platforms. It plans to do fewer than 10 deals, and will likely not target deals in sports technology.<\/p>\n

\n\tSince major U.S. sports leagues began easing<\/a> restrictions in 2019, private equity investing in sports has become more accepted, said John Carroll, a Sportsology Capital co-founder, who previously worked at Coller Capital and is a former partner with Willowridge Partners.<\/p>\n

\n\tMore investment firms are coming into the space, and the velocity of completed transactions has increased, Carroll said. \u201cObviously, the sector is developing, but I wouldn\u2019t say it\u2019s a fully mature market,\u201d he said. \u201cIf you look at the investments done five to six years ago, they have done well.\u201d<\/p>\n

\n\tMarcus Lollie of Moelis provided financial advice to Sportsology Capital, while Michael Kuh<\/a>, a partner at Hogan Lovells, was their legal advisor.<\/p>\n","protected":false},"excerpt":{"rendered":"Sportsology Capital Partners, a private equity firm co-founded by Mike Forde, has clinched its second deal and first…\n","protected":false},"author":2,"featured_media":160473,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7677,11309,27,29,28,429,7716],"class_list":{"0":"post-160472","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-texas","8":"tag-mlb","9":"tag-private-equity","10":"tag-texas","11":"tag-texas-headlines","12":"tag-texas-news","13":"tag-texas-rangers","14":"tag-wall-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/160472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=160472"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/160472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/160473"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=160472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=160472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=160472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}