OC&C congratulates CVC Capital Partners on its investment in Volleyball WorldTuesday 23 February 2021 | News
We congratulate CVC Capital Partners on its investment in Volleyball World. Volleyball World is a new partnership between CVC Fund VII and the International Volleyball Federation (FIVB) which will drive investment in and innovation of volleyball globally. OC&C provided buy-side diligence support to CVC Capital Partners during the transaction.
Volleyball is one of the most popular sport globally with more than 800 million fans and high participation around the world. Volleyball World will become the commercial entity for the global sport, with the objective of increasing the sport’s profile and popularity while driving commercial growth in areas including event hosting, media and sponsorship. Volleyball World will be responsible for the commercial operations of the major international volleyball and beach volleyball events, including the World Championships, Olympic Qualifiers and the Volleyball Nations League.
We are proud to have supported CVC Capital Partners with this transaction. We are leading advisors to sports executives and investors looking to enter this space.
For more details on this transaction or OC&C's broader experience in this space, please contact our team.