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Marc Anthony and Sam Nazarian, founder/CEO of life-style and hospitality firm SBE Leisure Group, introduced a “landmark alliance” on Wednesday (Jan. 17) that marks the primary hospitality enterprise for the salsa celebrity and his leisure firm, Magnus.
By way of the deal, Anthony and Magnus at the moment are fairness companions in all of SBE’s present properties, which embody culinary manufacturers, eating places, lounges and nightclubs. Based on a press launch, SBE’s new multi-vertical enterprise technique will give attention to rising the model amongst Latin American audiences.
Moreover, new properties may even be launched within the hospitality house and extra manufacturers will probably be created collectively. The alliance additionally opens new alternatives for Magnus’ roster (report label, administration and reserving), which incorporates Luis Figueroa, Mau y Ricky, Fonseca and Gente de Zona.
Other than his decades-long music profession, Anthony is a multi-hyphenate businessman who launched Magnus in 2015 to signify each Latin artists and athletes in america. In 2009, he turned a minority proprietor of the Miami Dolphins, and final December, launched the electrical powerboating crew, E1 Staff Miami. In 2012, his work in philanthropy led him to launch the Maestro Cares Basis, which has constructed orphanages in numerous international locations in Latin America and the Caribbean.
“It will be an understatement to say that this announcement at present is likely one of the best highlights of the entire endeavors I’ve taken on in my life,” Anthony stated in a press release. “To have the dignity to hitch forces with my nice good friend Sam and SBE, is one thing we’ve got spoken about all through the years and the time has lastly come. My crew, alongside the unparalleled experience of SBE, is poised to contribute considerably to the success of this new journey. With a shared dedication to excellence and a monitor report of unparalleled imaginative and prescient and execution, we’re excited to deliver our best-in-class capabilities to raise SBE’s initiatives to new heights. Collectively, we sit up for unveiling a collection of exceptional initiatives that showcase the synergy and excellence synonymous with the SBE household.”
“It’s an honor to hitch forces with long-time good friend and worldwide celebrity Marc Anthony. I’ve an amazing quantity of admiration for the profession that he has constructed, and, extra importantly, his entrepreneurial intuition,” added Nazarian, who based SBE in 2002. “It’s been an aspiration of ours to come back collectively to construct one thing particular, and I’m excited to share all of the superb issues we’re engaged on with him as our strategic accomplice. My sbe crew is honored to collaborate with the best-in-class entrepreneurial crew Marc has constructed at Magnus, led by a dynamic crew, CEO Michel Vega and COO Felipe Pimiento, to attach with and ship experiences to an viewers that Marc has so fastidiously cultivated all through his profession. That is just the start, and I can’t wait to see what we construct collectively.”
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