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Announced

Completed

Fiume Capital and Juggernaut Capital Partners completed the acquisition of Thrill One Sports & Entertainment from The Raine Group and Causeway Media Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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media and entertainment

Cross Border

Acquisition

United States

Single Bidder

Entertainment

sports

Private Equity

Majority

Private

Completed

Friendly

Synopsis

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Fiume Capital, an investment company, and Juggernaut Capital Partners, a growth firm, completed the acquisition of Thrill One Sports & Entertainment, a next-generation content company, from The Raine Group, a global merchant bank, and Causeway Media Partners, a private equity firm. Financial terms were not disclosed. "We formed Thrill One to create a centralized action sports platform for athletes, brands and fans. We have aggregated the largest audience and community in the space, and I am beyond excited to partner with this group of investors and individuals who have built businesses and entire sports from the ground up. The additional resources will fuel the growth and expansion of this platform," Joe Carr Thrill One CEO.

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