The sale of Team Sauerland to Wassermann has been exclusively advised by Proventis Partners

Hamburg, March 31, 2021 – Wasserman, one of the world’s leading talent management agencies, acquires Team Sauerland, one of the world’s leading boxing promoters to form a new industry leader, WASSERMANN BOXING.

About the transaction

Wasserman has announced the acquisition of Team Sauerland, one of the world’s leading boxing promoters. The deal also catalyses the creation of WASSERMAN BOXING, an exciting new boxing focused marketing and promotions offering within Wasserman’s industry leading global sports’ company. This addition is also a major statement of intent by Wasserman within the Boxing industry, thereby supplementing its internationally acclaimed representation business.

This new announcement has greatly enhanced the reputation of Wasserman’s current Boxing division, having successfully represented a number of leading athletes including former super middleweight world champion George Groves and London 2012 medalist Anthony Ogogo.

Casey Wasserman, Chairman and CEO of Wasserman, said, “We are delighted to welcome Kalle, Nisse and their team to Wasserman. Their expertise and history within the sport is unrivalled and we are incredibly excited about the formation of Wasserman Boxing. We believe that together we can make a positive contribution to the boxing industry with plans to deliver world class promotions and shows to fans around the world”.

Kalle Sauerland said “We believe Wasserman is the ideal company to not only develop what we’ve achieved at Sauerland but take it to the next level. My brother Nisse and I have been big admirers of what they do, quite simply, they’re the best. The thought of having the power of Wasserman and our Boxing expertise should excite the fighters, the TV companies and most importantly, the fans, in what is going to be an adventurous future for the sport. We are going to take this to a whole new level.”

Nisse Sauerland: We are extremely excited to be joining forces with Wasserman. They are industry leaders, unmatched in the marketing and representation of the biggest names and events in the world of sport. Working together, through Wasserman Boxing, we will provide fighters with life-changing opportunities, and boxing fans with unforgettable fights and events.”

Dean Baker, EVP and Managing Executive, Global Football and Boxing said “When the opportunity presented itself to expand our Boxing business it seemed a very appealing prospect, I’m extremely proud of what we’ve achieved in Boxing at Wasserman within a relatively short period. I’ve personally known and worked with the Sauerland brothers for a number of years. Their hard work, commitment, combined with their experience in Boxing and ability to put on spectacular events is unparalleled. I look forward to adding what we can deliver at Wasserman to create another exciting chapter for Boxing, particularly in the UK”.

Role of Proventis Partners

Proventis Partners exclusively advised Team Sauerland and its shareholder during the entire M&A process. The services included the preparation of the entire transaction documentation, the coordination of the due diligence and the commercial negotiation of the transaction.

About Team Sauerland

Team Sauerland, founded in 1978 by Hall of Fame legend Wilfried Sauerland, is led by brothers Kalle & Nisse Sauerland, and has been a leading presence in world boxing for over five decades. They have promoted more than 50 world champions across multiple weight classes. Their history within the sport is unrivalled having promoted thousands of championship events worldwide, breaking box office records in Europe, Asia, Africa, the US and Latin America. During this time that have worked with top fighters such as David Haye, Evander Holyfield and Mikkel Kessler as well as current stars that include World Champion Mairis Briedis, Filip Hrgovic and Chris Eubank Jr.

For further information: www.sauerlandpromotion.com

About Wassermann

Wasserman is a partner to the world’s most iconic brands, properties and talent in their endeavors across sports, entertainment and culture. At present Wasserman comprises 2000 plus clients across 42 different sports including renowned names such as Steven Gerrard, Russell Westbrook, Rickie Fowler, Megan Rapinoe, Marshawn Lynch and Jamie Vardy. Our purpose is to transform the businesses and careers of clients. Founded in 2002 and headquartered in Los Angeles, Wasserman operates globally in more than 20 cities, including London, New York, Toronto, Raleigh, Carlsbad, The Hague, Portland and Shanghai.

For further information: www.TeamWass.com

About Proventis Partners

Proventis Partners is a partner-managed M&A advisory firm whose clients include a majority of medium-sized family-owned companies, group subsidiaries as well as private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the largest independent M&A advisors in the German-speaking region and looks back on 20 years of M&A experience and more than 300 completed transactions. The M&A consultants with offices in Zurich, Hamburg, Cologne and Munich are active in the sectors Industrials & Chemicals, Business Services, Consumer & Retail, TMT, Healthcare and Energy & Sustainability. The exclusive membership in Mergers Alliance – an international partnership of leading M&A specialists – enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The members of Mergers Alliance, with over 200 M&A professionals, provide Proventis Partners and thus its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa.

Further information about Proventis Partners is available at www.proventis.com