GT 2024 Owner

Last Modified Mar 28, 2024 15:16 IST

The owners of the Gujarat Titans for 2024 season are the CVC Capital Partners with the net worth of US$ 65 million.


OwnerDuration
CVC Capital Partners2021 - Present


The Gujarat Titans made its IPL debut in the 2022 season after the CVC Capital Partners made a surprising winning bid of ₹5625 crore for the Ahmedabad-based franchise and named it Gujarat Titans a couple of days before the IPL 2022 mega auction.


Initially led by Hardik Pandya, GT scripted history in their maiden season as they captured the IPL title in front of their home fans in Ahmedabad. The franchise is currently led by Shubman Gill.


Who will be the owner of GT in 2024?


Steve Koltes (Co-founder), Donald Mackenzie (Co-chair), and Rolly van Rappard (Co-chair) bid for the CVC Capital Partners to buy the Gujarat Titans franchise and were successful at the aforementioned value. Although the three were present during the bidding, they were just representatives of the CVC group and the company will remain as the rightful GT team owner.


CVC Capital Partners - Owner of GT (2021 - Present)


CVC Capital Partners


Established in 1981, the CVC group is now a world leader in private equity with multiple awards at the Private Equity International and Private Debt Investors Awards. The company has close to 700 employees working in offices present in various parts of the world like Asia, Europe and North America. This company makes Gujarat Titans a rare entity in the IPL, which is not owned by a family or a group of families.