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Brewers' Attanasio strikes a deal to sell majority stake in his investment firm

Oct 23, 2020 - Milwaukee Business Journal
Mergers and Acquisitions

Milwaukee Brewers owner Mark Attanasio's investment business Crescent Capital Group LP agreed to sell a 51% stake to Sun Life Financial of Canada for up to $338 million in an arrangement where he and his business partner will operate Crescent for about five more years.

Sun Life will make an upfront payment of $276 million and a future payment of up to $62 million based on Crescent Capital achieving "certain milestones," the two companies said in a press release.

Crescent Capital, whi...