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Zuffa was acquired in 2016 by a group led by WME-IMG including Silver Lake Partners, KKR, and MSD Capital for the price of $4.025 billion. [1] After the Endeavor deal closed, the Zuffa logo and brand were retired from on-air usage in favor of the UFC brand, but Zuffa was retained as the legal name of the company.
This marked the third time that the UFC has changed ownership as its parent company Zuffa had been sold to Endeavor in 2016. [12] Zuffa had previously purchased the UFC from the Semaphore Entertainment Group in 2001. Endeavor chief executive officer (CEO) Ari Emanuel is the CEO of TKO and Mark Shapiro serves as president and chief operating ...
Zuffa, LLC operated the UFC until its sale in August 2016. As Chairman and CEO of UFC, Fertitta worked with the athletic commissions of New Jersey, Nevada, California and Mohegan Sun to establish a unified rule set for MMA competitions. The sport operates in all 50 U.S. states and is broadcast to more than 150 countries.
Endeavor subsequently used some of the proceeds from the IPO to buy out Zuffa's other shareholders at a value of $1.7 billion, making Zuffa a wholly-owned subsidiary of Endeavor. [7] On July 19, 2021, Ursula Burns joined the board of directors. [63]
[11] [14] In 2016, UFC's parent company, Zuffa, was sold to a group led by Endeavor, then known as William Morris Endeavor (WME–IMG), including Silver Lake Partners, Kohlberg Kravis Roberts and MSD Capital [15] for US$4.025 billion. [16] In 2021, Endeavor bought out Zuffa's other owners at a valuation of $1.7 billion. [8]
Later that year, WWE merged with Zuffa — the parent company of the UFC — to put both companies under a new conglomerate called TKO, with the agreement that Vince would stay on in his ...
Zuffa, the predecessor entity that owned and operated UFC, was the defendant in five related class-action lawsuits filed between December 2014 and March 2015, which were consolidated into a single ...
The Ultimate Fighting Championship (UFC) is a mixed martial arts (MMA) promotion, founded in 1993 by Art Davie and Rorion Gracie.The organization was purchased from its parent company SEG in 2001 by Zuffa LLC, a promotional company owned by Las Vegas casino magnates, Lorenzo and Frank Fertitta and managed by Dana White (current president of operations). [1]