CVC Capital Partners Fund VII has signed a binding agreement to invest in a minority shareholding in Premier Rugby Limited, the commercial manager of Premiership Rugby, which is the top league in the English Rugby Union system. This investment is expected to complete in Q1/2019 and follows on from other investments in the sports & entertainment sector which CVC has led, including Moto GP, Formula One, Stage Entertainment, and Merlin Entertainments.
For more information, click here for PRL's press release.