Announced
Financials
Tags
Pending
Minority
Cross Border
Media Agencies
Acquisition
Private
media content
Friendly
Private Equity
United States
Synopsis
RedBird Capital, an investment firm, Fenway Sports, a global sports, marketing, media, entertainment, and real estate platform, Nike, a sports retailer, and Epic Games, an interactive entertainment company, agreed to invest in SpringHill Company, a provider of media content, at a $725m valuation. The new investment will enable SpringHill to expand its existing businesses and explore new categories and global markets. The company said it will consider M&A opportunities and connect with the creator community. It plans to build games and other digital experiences, and work with Epic to bring new content to the metaverse.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.