M&A fired off big over the last few weeks with deals across health, media, and sports. Major capital flowed into the sports space, with deals for the Orioles, PGA Tour, and Diamond Sports. New capital was raised by several gaming startups. Sports tech accelerator classes were announced by the NBA and Tennis Australia.
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Mergers in Wellness, Media, and More
🤝🏻 Several health and wellness mergers. WaterRower purchases CITYROW. Tom Brady is merging his TB12 into NOBULL. 7NXT buys mediation app 7Mind. FlexIt adds digital wellness company Sukhi. Platyomic acquires Italian padel platform Sportclubby.
Media tie ups continue. Minute Media grows with STN Video purchase. FairPlay Sports Media snags Quarter4. Brat TV grabs Crypt TV in horror production tie up.
Sports even got into the act. Teamworks purchases sports data startup Kairos.
Beyond The Game Portfolio Companies in the News
👏🏼 Two BTG portcos working together to bring fitness solutions – Eight Sleep and Future. Oura discusses competing with Samsung’s new ring. Read review of Offbeat’s CUB ADHD app.
Tech news, capital raises, and more
💬 Reddit IPO might come next month with $5Bn valuation here
⛳ PGA Tour lands $3Bn investment read
👓 VR glasses company Magic Leap adds $590MM details
📺 Amazon injects $450MM into Diamond Sports broadcaster more
🕹️ Build a Rocket Boy game studio raises $110MM details
🔫 Mountaintop Studios brings in $30MM for shooter game here
🏈 Sports gaming startup Splash grows with $14.1MM round more
🎮 ForthStar adds $10MM for mobile games read
🏎️ Drive to Survive producer gets capital injection here
Athletes Making News
⚾ Ripken, Grant Hill, and more buy the Baltimore Orioles details
💸 Japanese soccer star Honda sets up $100MM VC fund more
💪 NFL vets Chubb bros opening ATL wellness studio read
📺 Giannis launches Improbably Media company more
⚽ MLB’s Bautista invests in Vegas soccer club details
🎾 Tennis legend Agassi joins $8MM raise for pickleball rater DUPR here
🏀 NBA Launchpad announces five new participants more
🎾 Tennis Australia brings forth new accelerator class here
🤝 ZIYNX and Opendorse partner for NIL opportunities read
Portfolio Company Job Postings
Eight Sleep (Fitness): Engineer, Design, and Growth roles here
Oura (Fitness): Engineer and Ops roles here
Future (Fitness): Performance Coach role here