Deals

Lenore Sports Buys Stake in Portuguese Football Club Benfica

SL Benfica players ahead of a match against Sporting Clube de Portugal at Estadio da Luz in Lisbon, Portugal, on May 10.

Photographer: David Martins/SOPA Images/LightRocket/Getty Images

Lenore Sports Partners, an investment group that includes the co-founder of private equity firm Crescent Capital, has acquired a minority stake in Benfica SAD, the company that manages one of the most valuable Portuguese football clubs.

Jean-Marc Chapus, the co-founder of Crescent Capital, is one of four partners at Lenore involved in buying the 5.24% holding, according to a statement from Benfica SAD.