Los Angeles Business Journal

Shamrock Sells Globetrotters

By James Rufus Koren Originally published October 1, 2013 at 3:05 p.m., updated October 1, 2013 at 11:01 a.m.

Westwood private equity firm Shamrock Capital Advisors has sold the Harlem Globetrotters to a Georgia company that owns and operates theme parks.

Shamrock had put Harlem Globetrotters International, parent of the barnstorming basketball team, on the market in June and announced the sale to Herschend Family Entertainment Corp. of Norcross, Ga., on Tuesday. Financial details of the deal were not disclosed.

The Globetrotters represent a new entertainment line for Herschend, which owns Silver Dollar City amusement park in Branson, Mo., and operates several theme parks, including Dolly Parton’s Dollywood outside of Knoxville, Tenn.