Centaur Private Equity Ltd, a wholly owned subsidiary of Centaur Holdings Ltd (“Centaur“), a global investment holding company with interests and investments ranging from asset management, wealth management, private equity, venture capital, mining and natural resources and agricultural investments, is pleased to announce that it has successfully exited its venture capital investment in Sport Events International Ltd (“SEI“).
SEI is the holding company of a series of sports based event companies including; Global Legends Series, which brings together a group of legendary football players from around the world to play against each other in legend vs legend games in different cities worldwide; F5WC, the world’s largest 5-a-side football tournament; and World Soccer Fives USA, a multi city tournament to find the best amateur 5-a-side soccer team in the United States to represent the USA in the F5WC World Finals.
Global Legends Series 2014 Bangkok event featured 28 famous international footballers including Fabio Cannavaro, Luis Figo, Andryi Shevchenko, Patrick Kluivert, Cafu, Steve McManaman, Michel Salgado and Deco, and was launched with a ceremony to honour His Majesty King Bhumibol Adulyadej’s 87th birthday, the event was broadcast across the globe to more than 200 million viewers.
Centaur Private Equity originally invested into SEI under its venture capital arm to create and incubate SEI, Global Legends Series, F5WC and World Soccer Fives USA in conjunction with the founding shareholders of SEI. The investment into SEI was a combination of debt and equity and also included the support of Centaur Asset Management Ltd’s Dubai based legal, operational and financial support teams during the period of Centaur Private Equity’s investment.
Under the terms of a recently executed Sale and Purchase Agreement Centaur Private Equity has sold its shareholding in SEI for an undisclosed figure to Thai Prime Investments Ltd, a subsidiary of an investment company listed on the Stock Exchange of Thailand. Thai Prime Investments is headed up by Bee Taechaubol, whom recently announced the proposed purchase of a 48% stake in Italian football club A.C. Milan.
Source: CentaurHoldings.com