Equity Investment Supports Mubadala Capital’s $6.2 Billion Acquisition
San Francisco – Sixth Street, a leading global investment firm, today announced it has completed a $300 million equity investment in Clear Channel Outdoor Holdings, Inc. (“Clear Channel” or the “Company”), a leading U.S. out-of-home advertising solutions provider. The investment supports Mubadala Capital’s previously announced $6.2 billion take-private acquisition of the Company.
“Clear Channel is a leader in out-of-home advertising with strong business momentum and a compelling opportunity set ahead,” said Josh Empson, Partner and Co-Head of Sports Media and Entertainment at Sixth Street. “As live entertainment and media models continue to evolve, dynamic out-of-home platforms play an essential role in connecting brands with audiences at scale. We are thrilled to partner with Mubadala Capital and the Clear Channel team to support the Company’s next chapter of digital advertising innovation.”
Sixth Street’s Sports, Media and Entertainment platform provides capital and expertise to businesses across the ecosystem, drawing on deep relationships across sports, media and live entertainment to help partners grow, scale and pursue long-term growth.
About Sixth Street
Sixth Street is a global, multi-strategy private capital investment firm with more than $140 billion in assets under management and committed capital as of June 30, 2026. Founded in 2009, Sixth Street is dynamic by design, pairing the flexibility of its long-term capital with a focus on identifying the best relative risk-reward opportunities in any asset class, any industry, around the globe. With more than 750 team members across 14 offices worldwide, Sixth Street is built as One Team for one purpose: to deliver investing excellence for its capital partners, companies and management teams. For more information, and additional disclosures, visit www.sixthstreet.com, and follow Sixth Street on LinkedIn.
About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. is at the forefront of driving innovation in the out-of-home advertising industry. Clear Channel's dynamic advertising platform is broadening the pool of advertisers using its medium through the expansion of digital billboards and displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy. By leveraging the scale, reach and flexibility of Clear Channel's diverse portfolio of assets, we connect advertisers with millions of consumers every month.
Sixth Street
Email: media@sixthstreet.com
