Fanatics raises close to $700 million, hits $31 billion valuation

2022-12-07T11:31:00

Fanatics

In a new investment round, sports merchandise giant Fanatics Inc. has raised roughly $700 million, most of it from parties that had not previously invested in the company. According to various accounts in the business news media, among those new investors are private-equity firm Clearlake Capital Group LP, which led ...

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