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Andell Inc. (formerly known as Andell Holdings, LLC) is a private investment firm and family office. Andell manages assets that grew out of the family’s controlling position of The Seagram Co. Ltd. Andell’s current activities include direct and indirect investments in public and private companies, real estate, and partnerships with investment managers.


Key Interests

''Chicago Fire Soccer Club'' In 2007, Andell purchased the
Major League Soccer Major League Soccer (MLS) is a men's professional soccer league sanctioned by the United States Soccer Federation, which represents the sport's highest level in the United States. The league comprises 29 teams—26 in the U.S. and 3 in Canada ...
team, the Chicago Fire from the
Anschutz Entertainment Group The Anschutz Entertainment Group (AEG), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. It is the world's largest owner of sports teams and sports even ...
for $35 million. In 2018, Hauptman sold a minority stake in the Fire to
Joe Mansueto Joseph Daniel Mansueto (born September 3, 1956) is an American billionaire entrepreneur; the founder, majority owner and executive chairman of Morningstar, Inc. he is also the owner of Major League Soccer club Chicago Fire FC and of the Super Leagu ...
, founder of
Morningstar, Inc. Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois and was founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services. With operations in 29 countries, ...
In July 2019, after several months of negotiations, it was announced that the Fire had reached a deal to leave SeatGeek Stadium at the start of the 2020 season in order to return to downtown Chicago and play at
Soldier Field Soldier Field is a multi-purpose stadium on the Near South Side of Chicago, Illinois, United States. Opened in 1924 and reconstructed in 2003, the stadium has served as the home of the Chicago Bears of the National Football League (NFL) since 1 ...
. In September 2019, Mansueto paid $204 million to acquire the remaining fifty-one percent of the team, which would value the franchise at $400 million. Mansueto credits Hauptman for "working tirelessly to dramatically increase the profile of the Chicago Fire Soccer Club, MLS, and the game overall."


Real Estate

Notable Deals: * 2013: San Francisco-based Ridge Capital Investors and an affiliate of Andell Inc. bought a 105-unit apartment portion of the LeSarra project for $22.8 million * 2014: Pacific Capital sold the 136-unit Sierra Ridge Apt. complex in Roseville, CA to Ridge Capital Investors and an affiliate of Andell, Inc. for $18 million


Direct Investments

Andell makes direct investments in companies through itself or various subsidiaries. Notable investments: * 2013: TrueCar * 2013: BSN SPORTS/Herff Jones merger * 2014: PODs Enterprise * 2015: Capital Vision Services


Key People

Andrew Hauptman is Chairman of Andell Inc. He oversees the firm’s investment, operating, sports, real estate and media businesses.


History

Andell Inc. was named after Andrew and Ellen Bronfman Hauptman (daughter of
Charles Bronfman Charles Bronfman, (born June 27, 1931) is a Canadian-American businessman and philanthropist and is a member of the Canadian Jewish Bronfman family. With an estimated net worth of $2.5 billion (as of 2021), Bronfman was ranked by ''Forbes'' ...
), the two principal owners,Forbes: "Major League Soccer's Billionaire Owners" by Charles Smith
November 20, 2013
using the first portions of each of their names (ANDrew and ELLen).


References


External links

{{Chicago Fire, state=collapsed Investment companies of the United States Chicago Fire FC