M&A Deal Summary

Anthem Sports & Entertainment Acquires Gravitas Ventures

On November 16, 2021, Anthem Sports & Entertainment acquired media company Gravitas Ventures from Red Arrow Entertainment Group

Acquisition Highlights
  • This is Anthem Sports & Entertainment’s 7th transaction in the Media sector.
  • This is Anthem Sports & Entertainment’s 8th transaction in the United States.
  • This is Anthem Sports & Entertainment’s 1st transaction in Ohio.

M&A Deal Summary

Date 2021-11-16
Target Gravitas Ventures
Sector Media
Buyer(s) Anthem Sports & Entertainment
Sellers(s) Red Arrow Entertainment Group
Deal Type Divestiture

Target

Gravitas Ventures

Cleveland, Ohio, United States
Gravitas Ventures is a film distributor, with a particular focus on independently produced films and documentaries for global digital, SVOD and OTT platforms. Gravitas also distributes to theaters and brick and mortar retailers. Gravitas Ventures was founded in 2006 and is based in Cleveland, Ohio.

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Buyer(S) 1

Buyer

Anthem Sports & Entertainment

Toronto, Ontario, Canada

Category Company
Founded 2010
Sector Media
DESCRIPTION

Anthem Sports & Entertainment operates targeted specialty video channels on linear, digital and mobile platforms with offices and studios in New York, Toronto, Las Vegas and Los Angeles. Anthem Sports & Entertainment was founded in 2010 and is based in Toronto, Ontario.


DEAL STATS #
Overall 9 of 9
Sector: Media M&A 7 of 7
Type: Divestiture M&A Deals 2 of 2
State: Ohio M&A 1 of 1
Country: United States M&A 8 of 8
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-15 Invicta FC

United States

Invicta FC is a world championship, all-pro mixed martial arts (MMA) fight series dedicated to providing female athletes with a major platform to hone their skills on a consistent basis.

Buy -

Seller(S) 1

SELLER

Red Arrow Entertainment Group

Unterfoehring, Germany

Category Company
Founded 2010
Sector Media
DESCRIPTION

Red Arrow Entertainment Group GmbH telecasts and produces television programs.


DEAL STATS #
Overall 1 of 1
Sector: Media M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-08 Gravitas Ventures

Cleveland, Ohio, United States

Gravitas Ventures is a film distributor, with a particular focus on independently produced films and documentaries for global digital, SVOD and OTT platforms. Gravitas also distributes to theaters and brick and mortar retailers. Gravitas Ventures was founded in 2006 and is based in Cleveland, Ohio.

Buy -