Varsity Cheerleading, Bain Agree to $82.5 Million Antitrust Settlement
Bain Capital, its cheerleading company Varsity Brands and Varsity’s previous owners have agreed to pay $82.5 million to settle a class action lawsuit brought on behalf…
Bain Capital
Varsity, Bain Keep Settling Cheer Suits as Possible Sale Looms
Bain Capital and Varsity Spirit continue to clear their deck of litigation as the private equity giant reportedly considers offloading its profitable but controversial…
Varsity Must Face Negligence Claims in Cheerleading Sex Abuse Suits
A federal court judge ruled Tuesday that a dozen former youth cheerleaders who filed lawsuits alleging sexual abuse by their coaches at a South Carolina gym can pursue…
Varsity’s Mixed Week: USOPC Recognizes USA Cheer, NCAA Punts on Stunt
USA Cheer, the embattled governing body backed by Bain Capital’s Varsity Spirit—each of which are co-defendants in 12 federal sex abuse lawsuits and antitrust…
Varsity-Backed Cheer Governing Body Faces Debt and Obligations
The cheerleading establishment and its corporate captain have arrived at their most precarious, yet ambitious, juncture. On the one hand, the competitive cheer…
Exclusive
Varsity Cheerleading Faces Sex Abuse Claims Amid Antitrust Litigation
Varsity Spirit, already besieged by a trio of antitrust lawsuits accusing it of operating as an illegal monopoly, is now being made to defend against litigation stemming…
Bain Capital to Buy Sports Streaming Tech Platform Deltatre From Bruin
Bain Capital and Italian asset manager Nextalia SGR have reached an agreement to acquire sports tech provider Deltatre from Bruin Capital. The deal values Deltatre…
More From Our Brands
Variety
U.K.’s Labour Party Wins Huge Election Victory, Keir Starmer Poised to Be Next Prime Minister
Rolling Stone
God Bless America, Willie Nelson’s Back Onstage for 4th of July Concert
ArtNews
What to See Before (and After) the Tokyo Gendai Art Fair
BGR
Iron Man AI plot hole in Avengers: Endgame is heartbreaking, but it’s not really a plot hole
SPY