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- San Francisco Giants
San Francisco Giants Acquisition, Valuation, Funding & Investors
San Francisco Giants was acquired by Sixth Street for $4B in March 2025, a 9.0x multiple on $443M of revenue.
San Francisco Giants acquisition price
$4B
Acquired by Sixth Street · Mar 2025
San Francisco Giants revenue at acquisition
$443M
Last twelve months · Mar 2025
San Francisco Giants revenue multiple at acquisition
9.0x
EV/Revenue · Mar 2025
San Francisco Giants EBITDA multiple at acquisition
80.0x
EV/EBITDA · Mar 2025
San Francisco Giants Overview
About San Francisco Giants
The San Francisco Giants are a Major League Baseball franchise based in San Francisco, playing at Oracle Park and ranked among the most successful teams in professional sports history. Beyond the ballclub itself, the organization runs Giants Enterprises, a hospitality and events business, and is developing Mission Rock, a mixed-use real estate project across McCovey Cove that will add tourism, event, and hospitality space to the waterfront. In 2025 the ownership group led by Greg Johnson sold a 10% stake in the franchise to investment firm Sixth Street to help fund ballpark upgrades and the Mission Rock development.
HQ
Website
Status
Acquired
Customer focus
B2C
Revenue model
Product sales
Revenue
$443M (Mar 2025)
Valuation
$4B (acquired Mar 2025)
Sectors
San Francisco Giants Acquisition
San Francisco Giants was acquired by Sixth Street for $4B on 18 March 2025.
The acquisition price implies a 9.0x revenue and 80.0x EBITDA multiple on $443M of revenue.
The San Francisco Giants, a Major League Baseball franchise valued at approximately $4 billion and recognized as one of the winningest teams in professional sports history, sold a 10% minority equity stake to Sixth Street, a San Francisco-based global investment firm managing over $75 billion in assets with a robust sports portfolio including Bay FC, San Antonio Spurs, Real Madrid, FC Barcelona, and Legends. The deal, announced on March 18, 2025, marked the Giants' first significant investment in three decades and was approved by MLB; it emerged from a competitive process involving around a half-dozen firms, with The Raine Group and PJT Partners advising the Giants and Sixth Street, respectively. The stake was a primary investment from the Giants' ownership group led by Greg Johnson, not purchased from an existing minority partner like Arctos. Proceeds will fund upgrades to Oracle Park for enhanced fan experiences, improvements to the Scottsdale, Arizona spring training facility, and advancement of the Mission Rock mixed-use real estate development across McCovey Cove, supporting the franchise's expansion into tourism, events, and hospitality via Giants Enterprises. Giants President and CEO Larry Baer emphasized alignment with Sixth Street on a long-term vision for MLB, fan focus, and community upliftment in the Bay Area, while Sixth Street Co-Founder and CEO Alan Waxman highlighted the firm's belief in San Francisco's innovation and the Giants' role as a global ambassador. No financial terms were disclosed, though the transaction values the franchise and related holdings between $3.8 billion and $4.2 billion per Forbes and Sportico estimates.
| Acquirer | Date | Type | Price | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|
| 18 Mar 2025 | PE buyout | $4B | 9.0x | 80.0x |
San Francisco Giants Funding History
San Francisco Giants has raised 1 funding round.
| Date | Stage | Investors |
|---|---|---|
| Apr 2026 | Undisclosed stage | Thrive Capital (lead) |
Who has invested in San Francisco Giants?
1 investor has backed San Francisco Giants across its funding rounds, including Thrive Capital.
Lead investors include Thrive Capital.
San Francisco Giants Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 San Francisco Giants investors. Start Free Trial | ||||
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Start Free TrialSan Francisco Giants Competitors
San Francisco Giants competitors include listed companies like Manchester United and Atlanta Braves Holdings, and private ones like Suning Sports, Six Nations Rugby, City Football Group and Le Sports.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $2.6B | - | ||
| Publicly listed | $895M | $302M | $3.4B | 4.8x | ||
| Private | - | - | $3.4B | - | ||
| Private | $712M | - | $4.8B | 6.7x | ||
| Publicly listed | $732M | $98M | $3.3B | 5.3x | ||
| Private | - | - | $3.1B | - |
San Francisco Giants Public Comps
San Francisco Giants is no longer listed, but its public comps include Manchester United, Atlanta Braves Holdings, Juventus FC, Ollamani, Borussia Dortmund, Fenerbahce SK, Olympique Lyon, Parken Sport, MSG Sports and TKO.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $895M | $302M | 4.9x | 4.8x | 14.4x | 14.5x | |||
| $732M | $98M | 5.6x | 5.3x | 42.0x | 62.0x | |||
| $602M | $125M | 2.1x | 2.2x | 10.1x | 10.3x | |||
| $378M | $39M | 2.1x | 1.9x | 20.5x | 11.3x | |||
| $606M | $133M | 0.7x | 0.8x | 3.1x | 3.6x | |||
| $176M | $17M | 2.3x | - | 22.9x | - | |||
| $187M | ($101M) | 6.1x | - | (11.3x) | - | |||
| $290M | $87M | 1.6x | - | 5.5x | - | |||
This data is available for Pro users. Sign up to see all San Francisco Giants competitors and their valuation data. Start Free Trial | ||||||||
Common questions about San Francisco Giants
| Where is San Francisco Giants headquartered? | San Francisco Giants is headquartered in United States. |
| Is San Francisco Giants publicly listed? | No, San Francisco Giants was acquired by Sixth Street in March 2025. |
| Who acquired San Francisco Giants? | San Francisco Giants was acquired by Sixth Street in March 2025. |
| How much was San Francisco Giants acquired for? | San Francisco Giants was acquired for $4B in March 2025, a 9.0x revenue multiple. |
| What was San Francisco Giants' last funding round? | San Francisco Giants' last funding round was a undisclosed-stage round in April 2026, led by Thrive Capital. |
| Who are San Francisco Giants' investors? | San Francisco Giants' investors include Thrive Capital. |
| Which companies are comparable to San Francisco Giants? | Companies comparable to San Francisco Giants include Suning Sports, Manchester United, Six Nations Rugby, City Football Group, Atlanta Braves Holdings and Le Sports. |
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