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The Raine Group, LLC.
Raine Group
Founded 2009
Founder Joseph Ravitch
Jeffrey Sine
Key people Brandon Gardner
Glenn H. Schiffman
Sherri A. Williams
Headquarters New York, London, Shanghai
Industry Banking services, investment
Website raine.com
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The Raine Group is a merchant bank that focusses on technology, media and telecommunications. It was founded by Joseph Ravitch and Jeffrey Sine, in partnership with William Morris Endeavor, in 2009. The firm has more than 75 employees in five offices around the world.

The Raine Group invested in Jagex in 2011, alongside Insight Venture Partners and Spectrum Equity Investors.[1]

In June 2016, The Raine Group sold their stake in Jagex to investors from Shandong Hongda as part of a buyout of all parties invested in Jagex.

Raine is a "top player in the world of media and telecommunication deals", having invested in Vice Media, overseen Sprint Corporation's takeover by SoftBank, and sold stakes in City Football Group to investors for $3 billion.[2]

ReferencesEdit

  1. ^ Jagex. Jagex Limited Receives Growth Investment from New Investors (Press release). Marketwired. 8 February 2011.*
  2. ^ Michael J. de la Merced. Raine Group Finds Deals for Clients, and Itself. New York Times. 3 January 2016.*

External linksEdit

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