Tag: Press Release

GM Authority and Ford Authority Acquisition

Posted on by Logan Abner

Press release image for the successful acquisition of GM Authority and Ford Authority by WeBrokr

WeBrokr is thrilled to announce the successful completion of the GM Authority and Ford Authority acquisition. GM Authority & Ford Authority, the largest GM and Ford focused media brands in the world, have been acquired in a partial equity acquisition of the holding company, Motrolix. WeBrokr represented and advised the Seller in this transaction.

Founded in 2010 by automotive enthusiast Alex Luft, GM Authority and Ford Authority have grown from passion-project blogs into the definitive voices on General Motors and Ford news. Over 15 years of steady expansion, both brands have earned a reputation for landing scoops first and delivering in-depth, data-driven coverage that resonates with everyday car buyers, die-hard enthusiasts, parts suppliers, and industry decision-makers alike. Today, they stand as indispensable resources for anyone seeking authoritative insight into the world of GM and Ford.

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

“Over the past 15 years Alex built one of the largest and most reputable automotive portfolios in the world. He has helped millions of car buyers and automotive industry leaders with his expertly written content. Our listing process at WeBrokr led to a unique partnership outcome that will be highly beneficial for both parties. Congratulations to Alex and his team on this successful transaction.”

ITR Wrestling and TJR Wrestling acquisition by Sportskeeda

Posted on by Logan Abner

Press Release image of the ITR Wrestling and TJR Wrestling acquisition by Sportskeeda which was represented by WeBrokr

WeBrokr is excited to announce the successful completion of the ITR Wrestling and TJR Wrestling acquisition. ITR Wrestling & TJR Wrestling, two of the largest wrestling media brands in the world, have been acquired by Sportskeeda. WeBrokr represented and advised on this transaction.

ITR Wrestling was originally founded in 2012 as a weekly wrestling podcast by Dante Richardson and Kenny McIntosh. As the business grew, the Founders pivoted to cover wrestling on web, social media and video. In 2021 they acquired the TJR Wrestling brand and expanded their coverage. The two brands combined audience is one of the largest in all of wrestling media.

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

“ITR Wrestling & TJR Wrestling is a very solid business within a vertical that is still super fragmented. They are one of the few publishing groups who have weathered the storms of Google Algo changes over the past two years. They are very diversified on Discover, Social Media and Direct Audience. This diversification played a key role in WeBrokr securing a successful outcome for the Ownership. We are confident this business is set up well for long term success with the acquirer Sportkeeda.

I’d also like to extend a sincere congratulations to the Sportskeeda team on another wonderful acquisition. We are excited to see the pairing between these brands and their already existing wrestling coverage on Sportskeeda.com.”

 

Official Sportskeeda Press Release – Here

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

YGOPRODeck Acquisition by BiFrost Entertainment

Posted on by Logan Abner

YGOPRODeck.com acquisition by BiFrost Entertainment

WeBrokr is excited to announce the successful acquisition of the popular Yu-Gi-Oh! publisher YGOPRODeck, which has been acquired by BiFrost Entertainment, a Norwegian gaming publisher. The sale price and terms of the deal were not publicly disclosed.

YGOPRODeck.com was founded in 2016 as a passion project by talented developer Alan O’Connor.

As the business grew, the Founder added more and more features to the website which have become staple tools within the greater Yu-Gi-Oh! community.

YGOPRODeck is now one of the most authoritative destinations on the web for Yu-Gi-Oh! collectors, enthusiasts and competitive players.

WeBrokr represented and advised the Founder and YGOPRODeck from listing through successful completion of the acquisition.

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

“We are very pleased to announce the successful Sell-Side representation of YGOPRODeck. Alan is one of the most talented developers and programmers we’ve had the pleasure of working with. He boot strapped his business from the ground up, and ended up creating one of the most visited Yu-Gi-Oh! and TCG web properties in the world. We are really excited to see what BiFrost Entertainment has in store for this wonderful brand going forward.”

DeltiasGaming.com Acquisition by Absolute Sports

Posted on by Logan Abner

DeltiasGaming.com Acquisition by Absolute Sports & Sportskeeda

WeBrokr is pleased to announce the successful acquisition of the popular gaming publisher Deltia’s Gaming, which has been acquired by Absolute Sports, a Nazara Technologies subsidiary and parent company of Sportskeeda. The business was acquired for $900,000.

Deltia’s Gaming was originally founded in 2014 as a standalone YouTube channel. As the business grew, the Founder expanded from video-first into a more holistic digital web publishing approach.

DeltiasGaming.com is now one of the most authoritative destinations on the web for MMO gaming guides, walkthroughs, builds and reviews.

WeBrokr represented and advised the Founder and DeltiasGaming.com from listing through successful completion of the acquisition.

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

“We are very pleased to announce the successful Sell-Side representation of Deltia’s Gaming. Deltia is probably the hardest working individual I’ve had the pleasure of doing business with. Through sheer willpower and perseverance he scaled his boot strapped YouTube channel into a nearly 7-figure digital media acquisition. We are really excited to see what Deltia and Absolute Sports are able to accomplish together post-acquisition. We feel they will be an amazingly complimentary team together.

We couldn’t be more pleased with the acquirer in this transaction. Absolute Sports is a well regarded company who continues to expand their business into all sectors of digital media. We look forward to completing many more transactions with their team.

Deltia, the Founder of DeltiasGaming.com, had this to say regarding his experience working with WeBrokr:

“Running Deltia’s Gaming was a passion of mine, but I realized I needed help to take it to the next level. Logan connected me with the right buyers, secured a fair deal, and ensured that the site’s identity and my role remained intact. I had been searching for months, but thanks to a mutual connection, we finalized the sale within a couple of months, and the process was smooth and straightforward. If you’re looking for an industry expert to broker your deal, I highly recommend Logan and WeBrokr.”

Ajay Pratap Singh, CEO of Absolute Sports, had this to say in the company’s official press release:

“With this acquisition, Absolute Sports will now serve upwards of 5 million US gaming enthusiasts with high-quality gaming and esports-related news and analysis content on our various properties.”

 

Official Absolute Sports 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

Bloody Elbow acquisition by GRV Media

Posted on by Logan Abner

WeBrokr is excited to announce the successful acquisition of Bloody Elbow, which has been acquired as of February 2024 by UK-Based GRV Media. Bloody Elbow was founded in 2007 by Nate Wilcox, and grew to become one of the most respected sources in MMA journalism.

Nate sold the brand to media conglomerate Vox Media in the late 2000’s. Vox Media operated Bloody Elbow for over a decade under their SBNation umbrella before selling the site and IP back to Nate Wilcox in early 2023.

WeBrokr advised on the acquisition of Bloody Elbow.

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

“We are thrilled to announce the successful sale of Bloody Elbow. BloodyElbow.com has long been known as the brand which produces the hardest hitting MMA journalism in the world. They are one of the few brands left that produces real, investigative journalism, and that is what made this acquisition so exciting to work on.”

Official GRV Media Press Release on the BloodyElbow.com acquisition – Here

Yugipedia & YGOrganization acquisition by GGRecon

Posted on by Logan Abner

Press Release logo for the Yugipedia & YGOrganization acquisition by GGRecon. WeBrokr represented the Sellers in this acquisition.

WeBrokr is pleased to announce the successful acquisition of Yugipedia and YGOrganization, which have both been acquired by Manchester-based GGRecon. YGOrganization was founded in 2013, with Yugipedia being founded five years later in 2018. Both brands were founded by the Yu-Gi-Oh! North American Grand Master, Dan Parker.

Dan, along with his impressive team of passionate community volunteers, have grown the Yugipedia and YGOrganization brands into the largest Yu-Gi-Oh! Wiki and the largest Yu-Gi-Oh! news publication in the world.

WeBrokr represented and advised Dan Parker of Yugipedia & YGOrganization from the onset of listing, through successful completion of sale.

 

Dan Parker of Yugipedia & YGOrganization had this to say regarding the acquisition, as well as his experience working with WeBrokr:

“Logan approached me in what seemed like a moment of fate, as I had just failed to make a deal for my sites the day before I got his email. He was able to succeed where I was unable to on my own, with a very reasonable procedure and pace. I’m very thankful for his help in this endeavor.”

 

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

“We are thrilled to announce the successful Sell-Side representation of Yugipedia and YGOrganization in a combined asset acquisition. Yugipedia has gained market dominance within the Yu-Gi-Oh! community over the past five years, and is now the largest, most trustworthy and most actively contributed Wiki within the Yu-Gi-Oh! community. Dan’s success on YGOrganization is not to be understated either: He began the publication as personal blog, and has grown it into the largest news publication within the Yu-Gi-Oh! community. His contributions to the trading card game community is incredibly impressive. It was an absolute pleasure getting to know him through this acquisition process.”

 

Official GGRecon Press Release – Here

N4G acquisition by BGFG (By Gamers For Gamers)

Posted on by Logan Abner

N4G.com acquisition by BGFG

WeBrokr is pleased to announce the successful acquisition of N4G, which has been acquired by UK-based By Gamers For Gamers (BGFG). N4G.com was founded in 2007 by Vegard Aure & Haavard Aure of HAVA Media.

Vegard, Haavard and the Hava Media team grew the N4G brand into one of the largest gaming communities in the world over the past 15 years.

Also included in the acquisition were the brands FilmWatch, TechSpy & AnimeShinbun.

WeBrokr represented and advised HAVA Media & N4G from listing through successful completion of sale.

 

Vegard Aure of HAVA Media had this to say regarding the N4G acquisition, as well as his experience working with WeBrokr:

“It was important for us to find a buyer that would want to continue N4G as a community focused website. Logan helped us get in touch with potential buyers that had the right team and resources to accomplish this. With the help from Logan and WeBrokr.com we found a new home for N4G in BGFG , and we are very happy about how everything turned out.”

 

Logan Abner of WeBrokr had this to say regarding the N4G acquisition:

“We are very pleased to announce the successful Sell-Side representation of N4G, FilmWatch, TechSpy & AnimeShinbun. N4G has long been known as the go-to gaming community and news aggregator in the world. Hava Media was far ahead of its time when it launched N4G way back in 2007. N4G was rivaling the likes of Reddit and Digg for gaming specific traffic for many years. We’re excited to see what the great team at BGFG has in store for the N4G brand going forward!”

 

Official BGFG Press Release – BGFG

DualShockers Acquisition by Valnet

Posted on by Logan Abner

DualShockers.com acquisition by Valnet Inc.

WeBrokr is pleased to announce the successful acquisition of DualShockers, which has been acquired by Montreal-based Valnet Inc. DualShockers.com was founded in 2009 by Yaris Gutierrez, Joel Taveras, and Al Zamora as a passion-project. After more than a decade of operation, DualShockers was then acquired by London-based publisher GRV Media.

Vic Daniels & Graham Morris of GRV Media were extremely successful in their turn-around of DualShockers, and they were able to dramatically increase user engagement & monthly sessions within only a year of Ownership. DualShockers is now one of the largest gaming-focused publications in the world, bringing in more than 7,000,000 monthly sessions as of April 2022. (SimilarWeb)

WeBrokr represented and advised GRV Media from listing through successful completion of sale.

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

“We are very delighted to announce the successful Sell-Side representation of DualShockers. Vic, Graham, and the DualShockers team were able to turn DualShockers.com into one of the most trafficked gaming properties in the world within a very short period of time. They have become an authoritative source for gaming news, reviews and guides for dedicated gamers around the world. We are excited to see DualShockers continue to thrive alongside Valnet’s growing portfolio of gaming brands!”

Official WeBrokr Press Release – Cision

Official Valnet Press Release – Business Wire