Present Ventures’ Post

More and more momentum for TMRW Sports as we prepare for the launch of TGL presented by SoFi in January and start preparing for what might be next. https://lnkd.in/dh7Qjyes

As we ride the next wave of evolution in Action Sports - athletes continue to push the boundaries of possibility and we see a new generation shaping the next iteration of these sports and cultures. What we also see is a trend of sophisticated investment (notably from MSP Sports Capital acquiring X Games) that can give the entire industry a boost and change the game for the better.

Discover the Impact of Sports Investing with Arctos and how they're reshaping the sports industry through strategic investments. Story by Private Equity International #SportsInvesting #PrivateEquity #SportsBiz #Sportsnews

TMRW Sports recently completed a Series A investment round co-led by Dynasty Equity and Connect Ventures. Reports indicated the funding round valued the company behind TGL (think: Champions League of golf) at $500mm. Tiger Woods, Rory McIlroy, and Mike McCarley are creating TGL in partnership with the PGA Tour. The Tour aligned with TMRW because it recognized the sport’s traditional format does not necessary appeal to many of the game’s newest participants. To draw in a younger and more diverse fan, without alienating its existing audience, it needed an adjacent, repackaged product. The PGA Tour also envisions TGL events creating new storylines and helping to weave narratives between, and to drive additional interest in, Tour stops on a week-to-week basis–a potentially powerful catalyst for growth. It’s logical to wonder how many other leagues could benefit from creating similarly strategic ancillary properties targeted at next-gen fans. cc: Randall Friedman Jacie Brandes Ryan Dastrup, PhD JohnWallStreet #golf #sportsbiz #investment #engagement #storytelling

'Private equity in sports is not really playing a helpful role right now. We need more people who invest in growing things and help create jobs, economic returns, and assets.' - Donn Davis via Andrew Petcash After being in motorsport for five years, specifically electric motorsport, Ellysium Racing put a bet on 'following the money' to help ensure the viability and the infrastructure of the path Ellis Spiezia is paving. When PE uses sport as a financial instrument, not unlike real estate (as Andrew suggests), it creates a long tail of negative effect for teams, individual athletes and their brands, instead of creating a platform and environment that supports their growth. The loss of the Nitrocross season is a hard hit to the Ellysium team, but not unlike any of the other challenges, cancellations, uncertainties and disappointments we've encountered over five years on the Age of Light Tour. Reward and risk. We'll keep taking the leap, even when it feels like the bridge you're building as you walk it is burning down under your feet. LFG. #privateequity #sports #investment #motorsport #sponsorship #businessmodel #sustainability #athlete Profluence Profluence+ Community

Big capital is aggressively deploying money into the sports sector. TMRW Sports announced the completion of a Series A investment round. The round was co-led by Dynasty Equity, which recently closed a strategic minority investment in Liverpool Football Club, and Connect Ventures, which co-led the initial fundraising round for TMRW Sports, and included participation from other leading institutional investors, sports team owners, cultural icons, and business leaders. TMRW Sports was founded by Tiger Woods, Rory McIlroy, and Mike McCarley. With the demand for streaming content and the legalization of gambling, the "sports sectors" are reaping the benefits. In addition to Woods’ and McIlroy’s combined 805 weeks at World No. 1, 108 PGA TOUR wins, and 19 Major Championships, TMRW Sports’ investor group has amassed: 116 Formula 1 wins 78 NBA All-Star Games 40 Emmy Awards 33 MLB All-Star Games 27 Olympic medals 26 Grand Slam singles titles 20 Grammy Awards 18 NBA Championships 17 NFL Pro Bowls 13 MVP titles across four sports 10 WNBA All-Star Games 7 F1 World Championships 6 UEFA Champions League titles 6 World Series Championships 3 Stanley Cups 3 WNBA Championships 2 FIFA Women’s World Cups The evolution of sports across many sectors is real and happening at a rapid pace. We are in discussions with investors for T36 Golf and it's never been a better time to bring a disruptor to marketplace. #sportsbusiness #privateequity #golf #soccer #formula1 #TGL #mls https://lnkd.in/eFGKNw4f

Utrecht’s sports tech firm SciSports gets acquired by VANAD Group: Know more: Netherlands-based family-owned enterprise VANAD Group has acquired Utrecht’s sports tech company SciSports. Arthur Nederlof of VANAD Group highlighted the company’s ties to sports, mentioning a past attempt to acquire Dutch football club ADO Den Haag. He says, “While that venture didn’t materialise, this acquisition aligns our passion for sports with our expertise in technology. It ... Read more #SciSports #VANADGroup #Utrecht

Bluestone Equity Partners Invests in Volo Sports, the Nation’s Largest Social and Recreational Sports Network. 🌟 Key Highlights: - Strategic investment in the nation's largest social sports network - From 16-person bocce league to 500,000+ annual registrations - Expanding across major U.S. cities - Focused on community, wellness, and inclusivity 💡 Why This Matters: - Technology meets community sports - Breaking barriers in recreational athletics - Creating connections across generations #RecreationalSports #CommunityBuilding #SportsTech #InvestmentNews #ActiveLifestyle “Volo has built a market-leading position and a vibrant culture in and around recreational sports in America, an historically fragmented and localized industry sector,” said Bobby Sharma, Bluestone Founder & Managing Partner. “Volo has transformed the recreational sports landscape by focusing on community, accessibility, and inclusivity, as well as best-in-class management,” said Giovanni Marcantoni, Founder & CEO of Volo Sports #YouthSports #Sportsbiz #LinkedInSports #Sports #YouthSportsBiz  #PrivateEquity #PE #Capital https://lnkd.in/ddwACpvd

Netherlands-based family-owned enterprise VANAD Group has acquired Utrecht’s sports tech company SciSports. Arthur Nederlof of VANAD Group highlighted the company’s ties to sports, mentioning a past attempt to acquire Dutch football club ADO Den Haag. He says, “While that venture didn’t materialise, this acquisition aligns our passion for sports with our expertise in technology. It feels like a natural progression for us.” Read more about the deal here: https://lnkd.in/gJCq2pZb Vincent van Renesse van Duivenbode

More on professional sports teams and private equity. The value of professional sports teams is growing faster than standard benchmarks like the S&P 500, so it’s hardly surprising that private equity is interested in the sector. Whether it can continue this kind of growth is another matter. #privatequity #sports