Mark Shapiro China Hollywood reports president Mark Shapiro China

After IPO, Endeavor President Plans "Thoughtful" Acquisitions, "Long-Term" China Bet

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hollywoodreporter.com

SoEndeavor is a public company. Now what? The owner of WME, IMG and UFC raised more than half a billion dollars in an IPO this week, two years after it first embarked on a path to the public markets.

It raised more than $1.7 billion in a private placement leading up to the IPO. Now, it plans to put that capital to use. “We are all about growth mode right now,” Endeavor president Mark Shapiro told The Hollywood Reporter Thursday. “We are going to take advantage of the current environment and the demand that we all see for live events, experiences, premium content, sports betting.

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