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Kroenke Sports to acquire Los Angeles Angels

PRIVATESep 01, 20266 days ago

Acquiring Company

Kroenke Sports and Entertainment

Acquired Company

Los Angeles Angels

DenverAnaheimSportsSports

Description

Stan Kroenke, owner of the Rams, will acquire the Los Angeles Angels, ending Arte Moreno's 23-year ownership. The deal's price remains undisclosed, but the Angels were valued at $3.3 billion earlier this year. Kroenke Sports and Entertainment owns multiple sports franchises, indicating a strategic expansion in the sports domain.

Company Information

Company

Kroenke Sports and Entertainment

Location

Denver, Colorado, United States

About

Kroenke Sports and Entertainment is a sports and entertainment company based in Denver, Colorado. It owns and operates several sports teams and venues in the United States and the United Kingdom.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Los Angeles Angels?

Los Angeles Angels was acquired by Kroenke Sports and Entertainment, based in Denver. The deal was reported on September 1, 2026. Kroenke Sports and Entertainment is a sports and entertainment company based in Denver, Colorado. It owns and operates several sports teams and venues in the United States and the United Kingdom. Kroenke Sports and Entertainment is privately held and operates in Sports.

When did Kroenke Sports and Entertainment acquire Los Angeles Angels?

Kroenke Sports and Entertainment's acquisition of Los Angeles Angels was reported on September 1, 2026. Stan Kroenke, owner of the Rams, will acquire the Los Angeles Angels, ending Arte Moreno's 23-year ownership. The deal's price remains undisclosed, but the Angels were valued at $3.3 billion earlier this year. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Los Angeles Angels do?

The Los Angeles Angels, commonly referred to as the Angels, are a professional baseball team based in Anaheim, California. They are a member of Major League Baseball's American League West division. It is privately held, operating in Sports, and is based in Anaheim.

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