Tag: Acquisitions

MyGolfSpy Acquisition by GSE and David Blitzer’s Bolt Ventures

Posted on by Logan Abner

WeBrokr is pleased to announce the successful completion of the MyGolfSpy transaction. MyGolfSpy, one of the most well known and respected golf media brands in the world, has received strategic investment from Graham Sports & Entertainment Partners (GSE) and Bolt Ventures, the family office of David Blitzer. The transaction was completed through a newly formed entity called Pin High Golf and anchored by MyGolfSpy. WeBrokr acted as the exclusive advisor to the Founder of MyGolfSpy, Adam Beach, on this transaction.

Founded in 2008, MyGolfSpy has built one of the most trusted independent voices in golf media, known for its no-bias, data-driven equipment testing, robotic launch-monitor labs, proprietary testing data sets and a deeply engaged community of avid golfers. Over the past decade and a half, the business has grown into a category defining brand at the intersection of golf gear, performance content, and consumer advocacy. MGS reaches millions of golfers each year across its website, YouTube channel, podcast network, and member community.

The transaction combines GSE’s sports, media and entertainment investment expertise with Bolt Ventures’ fast-growing golf vertical, which already includes investments in Source Golf, the Hurricane Junior Golf Tour, Jupiter Links Golf Club, TMRW Sports, L.A.B. Golf, KemperSports, and the Golf Source Network.

As the anchor asset of Pin High Golf, MyGolfSpy is positioned to expand its testing capabilities, scale its content and community, and pursue additional opportunities across golf media, data and experiences. Adam Beach continues as Founder and CEO under the new platform.

Logan Abner of WeBrokr had this to say regarding the acquisition:

“Golf is the sport closest to my heart, which made representing MyGolfSpy as personal as this work gets. Adam Beach built one of the most trusted independent golf brands in the game, and the process came with a real structural challenge: media acquirers who don’t speak golf, and golf acquirers who don’t speak media. GSE and Bolt Ventures were the only groups able to operate fluently in both. We couldn’t be more confident about what David Blitzer, Shervin Mirhashemi, and their teams will build through the Pin High Golf platform under Adam’s continued leadership.”

About MyGolfSpy
Founded in 2008, MyGolfSpy is a leading independent golf equipment media and testing platform. Through its in-house testing facility, community of 300+ volunteer testers, and industry-standard “Most Wanted” and “Tested & Approved” review frameworks, MyGolfSpy provides golfers with objective, data-driven equipment information.

About Pin High Golf
Pin High Golf is a platform formed by Graham Sports & Entertainment Partners and Bolt Ventures to build an independent golf media, data, and experiences business, anchored by MyGolfSpy.

About Graham Sports & Entertainment Partners
Graham Sports & Entertainment Partners (GSE) is a sports, media, and entertainment adjacencies investment firm operating within The Graham Group. GSE targets companies across the sports, media, and entertainment ecosystem.

About Bolt Ventures
Bolt Ventures is the family office of sports investor David Blitzer, with a portfolio spanning sports, media, live events, and consumer brands, including significant investments across the golf industry.

About WeBrokr
WeBrokr is a specialist M&A advisory firm dedicated to media and internet businesses. With deep category expertise across digital media and publishing, content, community, and creator businesses, and digitally-native consumer brands, WeBrokr has advised founders and operators on more than 250 transactions since 2012, ranging in size from approximately $1 million to $50 million in enterprise value.

 

WeBrokr Press Release – PRNewswire

Official MyGolfSpy Press Release – MyGolfSpy

Official Graham Sports & Entertainment Providers Press Release – GSE

Fextralife Acquisition by Valnet

Posted on by Logan Abner

Valnet acquisition of Fextralife which was represented by WeBrokr

WeBrokr is pleased to announce the successful completion of the Fextralife acquisition. Fextralife.com, one of the most visited gaming brands in the world, has been acquired by Valnet. WeBrokr represented and advised the Founder of Fextralife on this acquisition.

Fextralife.com was originally founded in 2013 as a boot strapped entertainment publication. As the business grew, the Founder pivoted the business to focus strictly on video game content. The brand is now a household name for gamers around the globe, and is considered by industry experts to have some of the most comprehensive guides, wiki’s, and gameplay tutorials on the web.

Logan Abner of WeBrokr had this to say regarding the acquisition:

“We could not be more excited to announce the successful Sell-Side representation of Fextralife. It’s always a pleasure to represent a business that I myself have personally used on numerous occasions during my gaming journey. Myself and millions of avid gamers are thankful for the extremely comprehensive wiki and guides the team at Fextralife.com have built over the past decade-plus.

I’d also like to extend a sincere congratulations to the Valnet team on this superb acquisition. We are excited to see what they have in store for future growth initiatives.”

 

Official Valnet Press Release – Here

Scam Detector acquisition by Guiding Tech Media

Posted on by Logan Abner

WeBrokr press release logo showing the Scam Detector logo and the Guiding Tech Media logo

WeBrokr is delighted to announce the successful acquisition of Scam Detector, which has been acquired by well known publisher Guiding Tech Media.

Scam Detector was founded in 2011 by Sorin Mihailovici in order to help a friend who had just been scammed online. His relentless passion for helping others fueled the growth of Scam-Detector.com over the next decade (plus) into one of the most visited technology related web properties in the world. The propriety Scam Detector Validator helps millions of users each month in preventing financial fraud.

WeBrokr represented and advised Sorin and Scam Detector from listing through successful completion of the acquisition.

Logan Abner of WeBrokr had this to say regarding the acquisition:

“We are very excited to announce the successful Sell-Side representation of Scam Detector. Sorin was able to build a very unique business that not only allowed him to help millions of people save hundreds of millions of dollars, but he did so while traveling the globe filming his own TV show! It was truly a pleasure to get to know Sorin throughout this process, and help him exit the business he had built from the ground up over so many years.

As an added bonus, we couldn’t be more pleased with the acquirer in this transaction. Guiding Tech Media is a well regarded company who own a number of premium digital brands that will pair very nicely alongside Scam Detector.”

Sorin Mihailovici, Founder of Scam-Detector.com, had this to say in the official Guiding Tech Media press release:

“Joining forces with Guiding Tech Media represents a milestone in our journey to create a safer online environment for consumers. Their expertise in technology guidance complements our vision of scam prevention, and together, we will continue to innovate and expand our reach to protect users around the globe.”

Dan Brian, CEO of Guiding Tech Media, had this to say in the company’s official press release:

“We are excited to welcome Scam Detector into the Guiding Tech Media family. This acquisition is a testament to our dedication to providing comprehensive technological guidance and protection to our users.”

 

Official Guiding Tech Media Press Release – Here

TalkAndroid.com acquisition by Bigger Canopy

Posted on by Logan Abner

WeBrokr is excited to announce the successful acquisition of TalkAndroid.com, which was acquired on December 14, 2023 by Bigger Canopy. TalkAndroid.com was founded in 2008 as one of the original Android publishing brands. The business grew rapidly and was one of the top Android publishers in the world for a period of time through the mid 2010’s.

Howard Ha acquired TalkAndroid around that time, and continued to grow the TalkAndroid brand authority on social and other avenues outside of search.

WeBrokr advised and represented Arran Rice of Bigger Canopy in this transaction through WeBrokr’s Buy-Side service offering.

Logan Abner of WeBrokr had this to say regarding the TalkAndroid acquisition:

“We are thrilled to announce the purchase of TalkAndroid.com which WeBrokr facilitated through our Buy-Side service. WeBrokr was tasked with finding a turn around opportunity for our client Bigger Canopy within the tech publishing category, and after an extensive search it became clear TalkAndroid.com was the best fit. We are extremely excited to witness all that Arran and the Bigger Canopy team have in store for the legacy brand TalkAndroid.com.”

Official Bigger Canopy Press Release – Here