Thaddeus (Thad) Hartmann

Thaddeus (Thad) Hartmann

Partner, Mergers and Acquisitions; Sports

Thad Hartmann is a corporate attorney who advises public and private companies and private equity firms on mergers, acquisitions, dispositions, corporate governance, joint ventures, spin-offs and securities offerings. He advises companies in a variety of industries, with an emphasis on sports, media, entertainment and technology. 


Examples of Mr. Hartmann’s representations include:

Media, Entertainment and Technology

  • Twenty-First Century Fox in its:
    • $85 billion acquisition by the Walt Disney Company and the pre-merger spin-off of certain news, sports and broadcast businesses. This transaction was named The American Lawyer’s 2019 Global M&A Deal of the Year;
    • $15 billion sale of its stake in Sky and its previously proposed $22 billion acquisition of the stake in Sky that it did not already own; and
    • proposed, but terminated, $80 billion acquisition of Time Warner;
  • ZeniMax Media in its $7.5 billion acquisition by Microsoft;
  • viagogo in its $4.05 billion acquisition of StubHub from eBay;
  • Yahoo! in its:
    • $4.5 billion sale of its operating business to Verizon Communications. This transaction was included in the Enabling Business Growth category in the Financial Times’ North America Innovative Lawyers report; and
    • previously proposed spin-off of its interest in Alibaba Group Holding;
  • iHeartMedia in its adoption of a stockholder rights plan and other corporate governance matters;
  • Criteo in its pending $380 million acquisition of IPONWEB, a market-leading adtech company;
  • NXP Semiconductors in its $1.8 billion acquisition of Marvell’s wireless connectivity portfolio;
  • Royal Caribbean in its acquisition of the 33.3% interest that it did not already own in Silversea Cruises, a leader in ultra-luxury and expedition cruising, in exchange for 5.2 million of Royal Caribbean shares;
  • PCI Gaming Authority (d/b/a Wind Creek Hospitality) in its acquisition of FlowPlay, a gaming platform developer, operator and publisher;
  • CurtCo Robb Media, publisher of Robb Report, in its acquisition by Rockbridge Growth Equity Partners;


  • Bruce Sherman, as lead investor of a consortium, including Derek Jeter, in the creation of the consortium and its acquisition of Major League Baseball’s Miami Marlins, following which Mr. Sherman became the chairman, principal owner and control person of the Marlins. This transaction was featured in Law360’s profile of Skadden as an M&A Group of the Year;
  • The PGA TOUR in:
    • the creation of EZLinks Golf Holdings, a joint venture operating, a leading online tee-time reservation business, which was featured in Law360’s profile of Skadden as a Sports Group of the Year;
    • acquisitions by EZLinks of (a) Integrated Business Systems and (b) Distinct Software Solutions and related debt and equity financings, including a significant minority investment by Providence Equity Partners; and
    • the acquisition of EZLinks by NBC Sports Group, a subsidiary of Comcast;
  • The NBA in its expansive multiyear partnership agreement with Sportradar, pursuant to which, among other things, the NBA received a 3% equity stake in Sportradar, which serves as the exclusive provider of NBA data worldwide;
  • The XFL on its relaunch as a professional football league following its acquisition by Redbird Capital Partners, Dwayne “The Rock” Johnson and Dany Garcia;
  • The PGA of America in its strategic partnership agreement with Legends, pursuant to which Legends will operate and elevate on-site, online, licensing and corporate merchandising for the PGA’s spectator championships;
  • The National Hockey League in its:
    • sale of the Phoenix Coyotes franchise; and
    • multiyear strategic partnership with PointsBet, a premier global sportsbook operator;
  • TEAM8 in its joint venture with the United States Tennis Association and Tennis Australia, among others, to form the Laver Cup, a tennis competition between regional teams of top professional players from Europe and the rest of the world;
  • minority owners in the sales of their interests in major league sports franchises and related businesses, including regional sports networks;

Health Care

  • Express Scripts in its:
    • $67 billion acquisition by Cigna; and
    • $3.6 billion acquisition of eviCore healthcare, an industry leader in evidence-based medical benefit management services;


  • CoreLogic in its $6 billion acquisition by funds managed by Stone Point Capital and Insight Partners, and its previous proxy fight with Senator Investment Group and Cannae Holdings;
  • Nasdaq in the:
    • $190 million acquisition of Nasdaq’s U.S. fixed income electronic trading platform by Tradeweb Markets;
    • offer to acquire all of the issued shares of the Norwegian stock exchange, Oslo Børs VPS, for $770 million in the aggregate;
    • acquisition of Boardvantage, a leading board portal solution provider that also specializes in leadership collaboration and meeting productivity; and
    • acquisition of Marketwired, a leading global provider of news distribution services and analytics for communications professionals;
  • Hearst in the acquisition (by its subsidiary Fitch Group) of CreditSights, a provider of independent credit research;

Transportation and Logistics

  • American Express Global Business Travel in its:
    • pending business combination with Apollo Strategic Growth Capital, pursuant to which American Express Global Business Travel is expected to become the world’s largest publicly traded B2B travel platform with a pro forma market capitalization of $5.3 billion;
    • acquisition of Egencia from Expedia Group; and
    • acquisition of Ovation Travel Group;
  • Hearst in the acquisition (by its subsidiary CAMP Systems International) of Inventory Locator Service, which provides the largest electronic marketplace for the aviation industry to buy and sell parts, equipment and services, from Boeing;
  • Veritas Capital in its $2.1 billion acquisition of StandardAero, which provides aircraft maintenance, repair and overhaul services for aviation, military and industrial power customers;

Consumer Products and Services

  • Vital Proteins, a leading collagen brand and a lifestyle and wellness platform offering supplements, beverages and food products, in its acquisition by Nestlé Health Science;
  • Life Time Fitness, operator of approximately 115 fitness centers in North America, in its $4.2 billion acquisition by Leonard Green & Parnters and TPG Capital;
  • Bluestem Brands, the retail operator of Fingerhut, and PayCheck Direct, in its $565 million acquisition by Capmark Financial Group; and
  • Multisorb Technologies, a leading producer of sorbent products for pharmaceutical and food uses, and its stockholders in its acquisition by Summer Street Capital Partners.

Mr. Hartmann also has provided pro bono legal services to New York-based clients, including Roads to Success, Operation Veronica and Sick Kids (need) Involved People of New York.


SportsBusiness Journal 2021 Power Player in Sports Law (Platinum Tier)



  • J.D., University of Pennsylvania Law School, 2010 (magna cum laude; Senior Editor, University of Pennsylvania Law Review)
  • Wharton School, Certificate in Business and Public Policy, 2010
  • A.B., Princeton University, 2005 (cum laude; Executive Editor for Sports, The Daily Princetonian)


  • New York

Thaddeus (Thad) Hartmann

Partner, Mergers and Acquisitions; Sports