RedBird Capital Partners /
Puck
RedBird Capital Partners signed for a majority stake in Puck, valuing the media newsletter at $250 million, Variety reported Sept. 24, 2026.
- Valuation
- $250 million
- Stage
- Agreement signed
- Seller
- Standard Investments / TPG (exiting); RIT Capital remains minority
Sponsor to sponsorStandard Investments, TPG to RedBird Capital Partners.
Both the buy side and the sell side of this deal include an investment firm.
What happened
Close aimed in about a month pending regs. Co-founder and editor in chief Jon Kelly, with CEO Sarah Personette, told staff editorial independence stays. Standard Investments and TPG exit; RIT Capital remains minority beside RedBird.
The source
Estimate
$250m Valuation
RedBird Capital Partners signed for a majority stake in Puck, valuing the media newsletter at $250 million, Variety reported Sept. 24, 2026.
Original filingUnlock with ProTimeline
Reported
Published by the source
The same firms, in other posted deals
- TPG · buyer (backer) · The Rise Funds / Tablet CommandBefore this deal
Deal Web
Every firm and person on this deal, and how they connect. Open any name to see their other deals.
Agreement signed · RedBird Capital Partners / Puck deal (Agreement signed, posted 24 Sep 2026).
Reported 24 Sep 2026- Reported
- Posted on @carrywatch
Deal Web as a list
- RedBird Capital Partners (Buyer) buyer this deal. RedBird Capital Partners: 1 deal on Carrywatch.
- Puck (Target) target this deal. Puck: 1 deal on Carrywatch.
- Standard Investments (Seller) selling this deal. Standard Investments: 1 deal on Carrywatch.
- TPG (Seller) selling this deal. TPG: 2 deals on Carrywatch.
- Jon Kelly (Co-founder and editor in chief, Puck) named in post this deal. Jon Kelly: named in 1 post on Carrywatch.
Jon Kelly
Co-founder and editor in chief, Puck
By email · Weekly