sbe Partners with Marc Anthony in Strategic Hospitality Move
Deal News | Feb 24, 2025 | Paul Hastings
Paul Hastings LLP has advised sbe, a prominent privately held international lifestyle hospitality group, on a strategic and exclusive equity partnership with the acclaimed singer and entrepreneur Marc Anthony and his company, Magnus. This agreement marks Marc Anthony and Magnus's first venture into the hospitality industry, fortifying sbe's status as a leader in luxury and lifestyle hospitality. The legal advice was spearheaded by Paul Hastings' Todd Fieldston. This partnership underscores a significant move in the hospitality sector by combining sbe's operational expertise with Marc Anthony's brand influence.
Sectors
- Hospitality and Leisure
- Legal Services
- Entertainment
Geography
- United States – Paul Hastings LLP and sbe are based in the United States, which provides the context of the partnership.
- International – sbe operates globally, indicating that the partnership may influence the international hospitality market.
Industry
- Hospitality and Leisure – The partnership is within the hospitality and leisure industry, as it involves hotels, restaurants, and nightclubs.
- Legal Services – Paul Hastings LLP is involved as a legal advisor in this strategic partnership.
- Entertainment – Marc Anthony, a key participant, comes from the entertainment sector and his involvement in the hospitality space marks a crossover of industries.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| sbe | Target company | Company | A privately held international lifestyle hospitality group specializing in hotels, restaurants, lounges, and nightclubs. |
| Paul Hastings LLP | Legal Advisor | Company | A premier law firm that provided legal advisory services for the strategic partnership. |
| Marc Anthony | Partner | Person | Iconic singer, songwriter, actor, and entrepreneur entering the hospitality sector with sbe. |
| Magnus | Partner | Company | Marc Anthony's company participating in the strategic equity partnership with sbe. |
| Todd Fieldston | Lead Advisor | Person | Of counsel at Paul Hastings leading the advisory team on the partnership. |