BIP to finance expansion of Kentaro Group 14/08/2009 |
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The Kentaro Group has laid the foundations for further growth with BIP Investment Partners, one of Luxembourg’s leading investment companies, completing additional financing for the Swiss sports rights agency. “We are delighted to welcome another renowned affiliate to the Kentaro family,” Kentaro CEO Philipp Grothe said. “We are determined to continue our expansion. The cooperation with BIP provides us with a perfect basis.”
In less than five years, Kentaro has established itself as one of Europe´s leading sports rights agencies. It currently represents the media rights of more than 20 international football federations, including Brazil, England and Sweden, among others, and 30 top football clubs, such as Arsenal, Chelsea and Liverpool. “Kentaro is hands-on entrepreneurism,” said Michael Riedl, Investment Manager at BIP. “We are fully convinced by their strategy and look forward to making our contribution to achieving it.”
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