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Announced

Completed

Shamrock Capital led a $50m Series B funding round Religion of Sports.

Financials

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Transaction Value£40m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

sports media

Minority

media platform

United States

Media Agencies

Venture Capital

Friendly

Private Equity

Private

Completed

Synopsis

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Shamrock Capital, a private equity firm, led a $50m Series B funding round Religion of Sports, a developer of a sports media platform, with participation from Elysian Park Ventures and Cerro Capital. "The possibilities of content are continuing to grow at Religion of Sports, and I am proud to have been here from the beginning. The team remains committed to raising the standard of non-fiction storytelling in not just sports but also beyond, and I can't wait to welcome new formats, partners and audiences into our world. From athletes to trailblazers, to important societal themes and world events, there are such incredible and emotional stories to be told and I look forward to jointly developing and introducing groundbreaking work with this team. Evolution and diversity are key, and we're just getting started," Michael Strahan, Religion of Sports Co-Founder.

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