Private equity fund Arctos closes deals for minority stakes in NHL’s Lightning, Wild

Jan 1, 2022

Per Scott Soshnick and Eben Novy-Williams: Arctos Sports Partners has closed investments into two NHL teams: the Minnesota Wild and the two-time defending champion Tampa Bay Lightning.

The NHL is allowing Arctos to purchase up to 10% of the Wild, according to the team. The Wild and Lightning join a rapidly growing sports portfolio for the firm’s first fund.

Source: Sportico