Who invested in fanatics?

The round was priced and led by a new investor, Clearlake Capital, in addition to LionTree. The existing investors in the new raise include Silver Lake, Fidelity, and Softbank. Fanatics was previously valued at $27 billion. In March, the company raised $1.5 billion led by Fidelity and Blackrock and Michael Dell’s MSD Partners.

How much is fanatics worth?

Fanatics has raised $700 million in capital. The company is now valued at $31 billion. The new funding will be used for M&A activity across the Fanatics platform. Michael Rubin’s sports platform company Fanatics has raised $700 million in fresh capital, pushing its value to $31 billion, according to people familiar with the matter.

Is Fanatics a good investment?

While Fanatics isn't public yet, the company aims to complete an IPO in the future. That gives investors lots of time to research the company. This process could confirm your thesis that it's an attractive investment opportunity or turn you off from buying shares.