PE-backed Authentic Brands completes buy of Muhammad Ali Enterprises

Authentic Brands Group LLC, a portfolio investment of U.S. private equity firm Leonard Green & Partners and Canadian firm Knight's Bridge Capital Partners since 2010, has closed its acquisition of Muhammad Ali Enterprises from CORE Media Group. Financial terms of the transaction were undisclosed. Authentic Brands is an intellectual property business focused on buying and managing prominent consumer brands. The company has offices in New York, Toronto and Los Angeles.

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