Hogan Lovells advises GameAbove Sports in acquiring an ownership stake in Brisbane Bullets
New York, 13 November 2024 – Global law firm Hogan Lovells has advised GameAbove Sports, a company focused on global sports business development and strategic investments, in acquiring an ownership stake in the Brisbane Bullets, a premier team in Australia’s National Basketball League (NBL).
As part of this investment, NBA Hall of Famer George Gervin, will also join the ownership group with GameAbove Sports in the franchise. This acquisition marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. It also signals a commitment to enhancing the Brisbane Bullets' success and contributing to the growth of basketball in Australia and beyond.
GameAbove Sports is committed to expanding its strategic portfolio by investing in professional and youth teams, franchises, and leagues globally with innovative and flexible investment methods in meaningful minority and majority ownership positions.
More information on the transaction can be found here.
The Hogan Lovells deal team was led by partner and New York Office Managing Partner, Michael Kuh (Private Equity & Funds), counsel Grant Munyon (M&A, Philadelphia), senior associate Emma Dowell (Private Equity & Funds, Northern Virginia), associate David Duquette (general Corporate & Finance, New York), and Visiting International Lawyer Harrison Gower (M&A, New York).
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