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Fiume Capital And Juggernaut Capital Partners Acquire Thrill One Sports & Entertainment

Jul 19, 2022•about 3 years ago

Acquiring Company

Fiume Capital

Acquired Company

May Mobility

OmahaSportsEventsMedia And EntertainmentFashionE CommerceSoftwareCryptocurrencyBlockchain

Description

Fiume Capital and Juggernaut Capital Partners have announced their acquisition of Thrill One Sports & Entertainment (Thrill One) from The Raine Group and Causeway Media Partners. Dyrdek Machine, UFC President Dana White and television producer Craig Piligian have co-invested, with acquisition financing provided by Prudential Private Capital.

Company Information

Company

Fiume Capital

About

Fiume Capital is a leading private investment firm targeting investments in media, entertainment, and consumer sectors with a focus on sports, live events, and content and distribution. Comprised of experienced entrepreneurs, operators and investors, Fiume Capital supports its management teams in industries within the team's expertise. Current or realized investments include Moonbug Entertainment, the Action Network, and 3 STEP Sports.

Company

Juggernaut Capital

Location

Wisconsin Ave Nw

About

Juggernaut Capital Partners is a lower middle market private equity firm specializing in buyout and growth investments in the consumer and healthcare industries. Juggernaut investments include 3 STEP Sports, ZOA Energy and VOSS Water. @LinkedIn

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed