Home » Abu Dhabi Investors »


|| Abu Dhabi buys 10% stake in Ultimate Fighting Championship

abu-dhabi-flash-ufc.jpgFlash Entertainment, the Abu Dhabi based live events company, has acquired 10 percent stake in Zuffa LLC, the Las Vegas firm that owns the Ultimate Fighting Championship (UFC).

Financial terms of the deal are not disclosed. As reported by The National, Zuffa LLC, The company that owns UFC, was estimated to be worth $1 billion by Forbes in May 2008. Flash is wholly owned by the government of Abu Dhabi.

With Flash network and resources, UFC can count on going into countries like China and India much easier.

Their full press release follows

UFC today announced that the organization Flash Entertainment, a leading live events company based in the United Arab Emirates, has acquired a ten percent stake in Zuffa, LLC, d/b/a Ultimate Fighting Championship.

UFC owners Lorenzo J. Fertitta, Frank Fertitta III and Dana White stated that they are pleased to have this partnership in place and are honored to be associated with Flash. The Fertitta brothers and White agree that this investment brings exceptional strategic value, expertise and global opportunities to the UFC brand.

“Over the past few years, we have built a relationship with all levels of the Flash organization. They share our vision, passion, and enthusiasm for the UFC,” said Lorenzo J. Fertitta, UFC Chairman and CEO. “We are confident that this partnership will accelerate the worldwide growth of the UFC.”

Ossama Khoreibi, Chairman of Flash Entertainment, commented, “Since our very first meeting, we were impressed by Lorenzo, Frank and Dana’s commitment to growing UFC as a global sport.” He continued, “Flash is equally committed to building Abu Dhabi’s profile as an international entertainment destination, and this partnership provides further proof of our company’s bold ambitions. We look forward to an exciting future ahead, working closely with our UFC partners to activate this sport in the UAE, the region and across the world.”

The Raine Group acted as financial advisor to Flash Entertainment. Goldman Sachs served as UFC’s financial advisor.



Previous Post: ADIA Managing Director talks about their firm in an 11-pages long interview
Next Post: Bahrain Investors invested $35 million in Texas CSIdentity

More from Abu Dhabi Investors ...


  Abu Dhabi firm Waha Capital invested $76 million in New York listed firm AerCap Holdings (May 2016)

  Middle East investors of Rasmala and GII acquired Airbus office complex in UK for $42 million (March 2016)

  Abu Dhabi firm ADFG invested in Montenegro Capital Plaza (November 2015)

  Abu Dhabi investment firm acquired stake at three Hong Kong hotels for $2.4 billion (May 2015)

  UAE firm NMC acquired Spanish fertility clinic for $161 million (March 2015)

  UAE investment firm acquired Scotland Yard HQ for $579 million (December 2014)

  Abu Dhabi fund buys 31 Accor hotels in Australia for $740 million (September 2013)

  Abu Dhabi investment firm ADIC buys stake in Tokyo property (August 2013)

  Abu Dhabi and Qatar funds front-runners to acquire 42 Marriott hotels for $1 billion (July 2012)

  US Paladin Capital and Abu Dhabi Invest AD to launch $100 million fund (May 2012)




|| About Us

Established in 2007, DubaiBeat.com provides insight, analysis and research on Middle East investors.

We cover different asset class investors like private equity, venture capital, hedge funds and real estate investors from the Middle East and broader MENA region.


|| Subscribe















Copyright 2007-2017 DubaiBeat.com    Sitemap  |  Terms  |  Privacy Policy

Follow us: RSS Feed   Facebook    Twitter