News Summary

• William Blair has reached an agreement to purchase boutique advisor Inner Circle Sports.
• Under the agreement, Inner Circle and all 16 of its employees will move under the William Blair umbrella.
• Co-founders Rob Tilliss and Steve Horowitz will retain day-to-day control of the business.
• The group has done more sports team M&A transactions than perhaps any other bank in the world over the past decade.
• The deal is expected to close, pending regulatory approvals, toward the end of the second quarter.