BSE Global Valuation, Funding & Investors

BSE Global is valued at $6B as of June 2024.

Last BSE Global valuation

$6B

Secondary · Jun 2024

Key investors in BSE Global

  • Julia Koch

BSE Global Overview

About BSE Global

BSE Global is a Detroit-headquartered operator of entertainment venues and manager of sports franchises including the Detroit Pistons NBA team and Detroit Red Wings NHL team. The company oversees Little Caesars Arena, delivering live events, concerts, and fan experiences to millions annually across North America.


Founded

2012

HQ

United StatesNew York City, NY

Status

Privately held

Customer focus

B2C

Revenue model

Product sales, Advertising

Valuation

$6B (Jun 2024)

BSE Global Valuation

BSE Global is currently valued at $6B, based on its secondary sale in June 2024.

The $688M round was led by Julia Koch.

BSE Global valuation by funding round

BSE Global valuation by funding round
DateStageValuation
Jun 2024Secondary$6B

BSE Global Funding History

BSE Global has 1 recorded secondary share sale and no primary funding rounds.

BSE Global funding rounds

BSE Global funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jun 2024SecondaryJulia Koch (lead)$688M$6BBSE Global owns the Brooklyn Nets NBA team, New York Liberty WNBA team, and Barclays Center arena. Julia Koch and family agreed to buy a 15% non-controlling stake for $688 million cash at a $6 billion post-money enterprise valuation on June 19, 2024, subject to NBA approval. Joe Tsai and Clara Wu Tsai remain majority owners and in control, with Tsai as chairman. The deal gives the Koch family right of first refusal for future sales. BSE Global was previously acquired by Tsai for $3.3 billion in 2019.

Who has invested in BSE Global?

1 investor has backed BSE Global across its funding rounds, including Julia Koch.

Lead investors include Julia Koch.


BSE Global Investors

Investors in BSE Global by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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BSE Global Competitors

BSE Global competitors include listed companies like Liberty Media and Ollamani, and private ones like Suning Sports, Harris Blitzer Sports & Entertainment, NZ Rugby and Matchroom.

Public and private companies comparable to BSE Global
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Suning SportsChinaNanjingPrivate--$2.6B-
Harris Blitzer Sports & EntertainmentUnited StatesCamden, NJPrivate--$3B-
NZ RugbyNew ZealandWellingtonPrivate$174M-$2.1B12.3x
MatchroomUnited KingdomUnited KingdomPrivate--$1.6B-
Liberty MediaUnited StatesUnited StatesPublicly listed$4.5B$1.4B$23B5.9x
OllamaniMexicoMexicoPublicly listed$378M$39M$684M1.9x

BSE Global Public Comps

BSE Global is still privately-owned, but its public comps include CTS Eventim, Sphere Entertainment, MSG Entertainment, Manchester United, Atlanta Braves Holdings, Liberty Live Holdings, MSG Sports, Songcheng Performance, Pursuit and PVR INOX.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CTS Eventim$3.5B$622M1.4x1.3x7.9x7.1x
Sphere Entertainment$1.2B$451M4.6x4.2x12.4x18.2x
MSG Entertainment$1.1B$197M4.3x4.2x23.0x17.3x
Manchester United$895M$302M4.9x4.8x14.4x14.5x
Atlanta Braves Holdings$732M$98M5.6x5.3x42.0x62.0x
Liberty Live Holdings$382M($45M)27.6x25.4x(236.5x)(732.7x)
MSG Sports$1.2B$39M9.1x9.2x267.1x402.4x
Songcheng Performance$337M$204M5.4x5.7x8.9x9.2x

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Common questions about BSE Global

When was BSE Global founded?BSE Global was founded in 2012.
Where is BSE Global headquartered?BSE Global is headquartered in New York City, NY, United States.
Is BSE Global publicly listed?No, BSE Global is a private, VC-backed company.
What is BSE Global's valuation?BSE Global was last valued at $6B in its secondary sale in June 2024.
Who are BSE Global's investors?BSE Global's investors include Julia Koch.
Which companies are comparable to BSE Global?Companies comparable to BSE Global include Suning Sports, Harris Blitzer Sports & Entertainment, NZ Rugby, Matchroom, Liberty Media and Ollamani.

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