Ilitch Sports + Entertainment
2525 Woodward Ave., Detroit, Michigan, 48201, United States
Overview
Ilitch Cos. operates a diversified family of businesses across foodservice, sports, entertainment, gaming, and hospitality. The company oversees branded food businesses, professional sports team operations, and live event production. It manages sports and entertainment venues and provides facility management and event services. Through Ilitch Sports + Entertainment, it runs the business operations of major professional teams and participates in a joint venture that promotes live entertainment. Ilitch Cos. also engages in gaming and hospitality activities connected to its broader portfolio. Its operations span multiple lines of business that connect food, events, and leisure experiences for consumers and partners.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 2
- Active investors
- 0
Sector focus
- Event Management
- Facility Management
- Food and Beverage
- Gaming
- Hospitality
- Restaurants
- Sports
- Sports Leagues and Teams
Investment portfolio
- LPHF
Led · Equity · Jun 2026
The LPHF is a professional women's hockey league founded in 2023 by the Mark Walter Group and Billie Jean King Enterprises. The league has just taken on its first outside investors, with Kilmer Sports Ventures and Ilitch Companies joining as strategic partners. A source reported that Kilmer invested US$100 million; the size of Ilitch's investment was not disclosed. Both new investors will occupy advisory, strategic roles rather than operational positions and are not investing in individual teams. Kilmer Sports Ventures is linked to Larry Tanenbaum and holds stakes in the Toronto Tempo (WNBA) and MLSE, while Ilitch Companies owns Ilitch Sports + Entertainment, the Detroit Red Wings, the Detroit Tigers and Little Caesars Arena. The league did not disclose financial metrics or specific uses of the new capital in the article.
- TGL
Led · Equity · Oct 2025
Los Angeles Golf Club is one of the flagship franchises in TGL, the technology-enabled golf league created by Tiger Woods and Rory McIlroy. The club is majority-owned by Reddit co-founder Alexis Ohanian and counts Serena Williams, Venus Williams, Michelle Wie West, and Good Good Golf among its investor group. LAGC’s core product is a data-rich, broadcast-oriented team golf experience that blends live competition with advanced simulators and in-arena fan engagement. Ahead of TGL’s second season, the team brought on Ilitch Sports + Entertainment to handle data analytics, media strategy, brand development, and overall franchise operations. TGL’s ecosystem is expanding rapidly: a Dallas consortium paid over $70 million for another franchise earlier in 2024, and the league has filed trademarks for “Texas Golf Club” and “Chicago Links Golf Club.” Parent company TMRW Sports carried a $500 million valuation as of mid-2024 and has also filed to launch “WTGL,” a prospective women’s league. These initiatives point to significant growth potential and a push to reshape both men’s and women’s professional golf.
Team
No current team members are available.