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RedBird Capital acquires majority stake in Puck

PRIVATESep 24, 2026

Acquiring Company

RedBird Capital Partners

Acquired Company

Puck

Los AngelesLos AngelesFinancial ServicesFinanceFashionPublishing

Description

RedBird Capital Partners has signed a deal to acquire a majority stake in Puck, valuing the media company at $250 million. The deal, which is expected to close in about a month pending regulatory approval, marks a significant shift in ownership. standard Investments and TPG will exit their positions, leaving RIT Capital as a minority investor alongside RedBird.

Company Information

Company

RedBird Capital Partners

Location

Los Angeles, California, United States

About

RedBird Capital Partners is a private investment firm focused on building high-growth companies alongside entrepreneurs in its four areas of domain expertise: sports, media, consumer and financial services. Founded by former Goldman Sachs Partner Gerry Cardinale in 2014, RedBird today manages over $6 billion of capital on behalf of a highly curated group of blue-chip global institutional and family office investors. RedBird’s network of entrepreneurs is central to its investment sourcing and company-building strategy that helps founders achieve their business objectives and long-term vision. Since inception, RedBird has invested in over 30 platform companies and 80 add on acquisitions with total enterprise value exceeding $30 billion. For more information, please go to www.redbirdcap.com.

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Frequently asked

Who acquired Puck?

Puck was acquired by RedBird Capital Partners, based in Los Angeles. The deal was reported on September 24, 2026. RedBird Capital Partners is a private investment firm focused on building high-growth companies alongside entrepreneurs in its four areas of domain expertise: sports, media, consumer and financial services. RedBird Capital Partners is privately held and operates in Financial Services.

When did RedBird Capital Partners acquire Puck?

RedBird Capital Partners's acquisition of Puck was reported on September 24, 2026. RedBird Capital Partners has signed a deal to acquire a majority stake in Puck, valuing the media company at $250 million. The deal, which is expected to close in about a month pending regulatory approval, marks a significant shift in ownership. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Puck do?

Puck is a vertical newsletter brand focusing on culture and media. Founded by Jon Kelly, it targets various areas of interest with specialized writers. The company was launched in 2021 and aims to engage a discerning readership with insightful content. It is privately held, operating in Fashion, and is based in Los Angeles.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.