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Press Release

Morgan Lewis Advises Fanatics in $320M Equity Financing Round

March 25, 2021

PHILADELPHIA, March 24, 2021: Morgan Lewis is representing Fanatics Inc., an online and in-venue retailer of officially licensed sports merchandise, in its latest $320 million equity funding round. This funding values Fanatics at $12.8 billion.

Partners Jeffrey Bodle, Richard Aldridge, and Harry Robins, and associates Carl Witkin, Annelise Gress, and Ricardo Doriott are representing Fanatics.

In the last year, Morgan Lewis advised Fanatics in its $350 million Series E investment round; acquisition of WinCraft; joint venture with Hillhouse Capital Group; and an equity investment in Barnes & Noble Education Inc. (BNED), along with a merchandising partnership between BNED, Lids, and Fanatics.