Willkie Farr & Gallagher and Freshfields Bruckhaus Deringer have advised on the sale of a 75% stake in the sports marketing unit of Lagardère Group to H.I.G. Capital, a private equity firm based in Miami—part of a strategic refocusing by the Paris-based publishing, retail and entertainment group.

The sale, which closed Monday, is subject to approval by European competition authorities. The deal values the stake in Lagardère Sports at €110 million. Lagardère Group will retain a 25% stake in the unit’s division, Lagardère Sports & Entertainment, which provides marketing and management for professional sports and other live events.