The Professional Fighters League announced an investment round of $65 million to fund international expansion, top talent acquisition, new product innovation, and global audience growth according to a company press release.
“The 65 million institutional financing round was led by Ares Capital, Elysian Park Ventures, and Knighthead Capital,” stated the press release. The release includes a statement from PFL Chairman and Co-Founder, Donn Davis states, “PFL is the disruptive company in the massive and underserved MMA market, and this new capital will fuel our aggressive growth from the No. 2 worldwide market position the company has quickly secured.”
Payout Perspective:
The total funding of the company is $175 million per the press release. The new injection of money should help the PFL. One might hope that ‘talent acquisition’ is a big part of the new budget although one might expect international expansion being a big priority. The influx of money means that investors see promise and innovation in the PFL which is promising for the company.
Leave a Reply