Joint Venture • Media

National Basketball League and Basketball Australia Acquire 3×3 Hustle

On February 14, 2018, National Basketball League and Basketball Australia acquired media company 3×3 Hustle

Acquisition Context
  • This is National Basketball League’s 1st and Basketball Australia’s 1st transaction in the Media sector.
  • This is National Basketball League’s 1st and Basketball Australia’s 1st transaction in Australia.

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M&A Deal Summary

Date February 14, 2018
Target 3×3 Hustle
Sector Media
Buyer(s) National Basketball League
Basketball Australia
Deal Type Joint Venture

Target Company

3×3 Hustle

Melbourne, Australia
3x3 Hustle is an official national pathway for 3x3 basketball, facilitating the development of players from the grassroots level to the world stage. 3×3 Hustle is based in Melbourne, Australia.
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Buyers Overview 2

Buyer

National Basketball League

Melbourne, Australia

Category Company
Sector Business Services
DESCRIPTION

National Basketball League is the premier basketball competition in the southern hemisphere, currently contested by eight teams with seven in Australia and one based in New Zealand. National Basketball League is based in Melbourne, Australia.


Deal Context for Buyer #
Overall 1 of 1
Sector: Media 1 of 1
Type: Joint Venture 1 of 1
Country: Australia 1 of 1
Year: 2018 1 of 1
Buyer

Basketball Australia

Knox City Centre, Australia

Category Company
Sector Business Services
DESCRIPTION

Basketball Australia is an operator of basketball in Australia and is responsible for Australian national teams, the centre of excellence, the WNBL, NWBL, Australian junior championships and aussie hoops. Basketball Australia is based in Knox City Centre, Australia.


Deal Context for Buyer #
Overall 1 of 1
Sector: Media 1 of 1
Type: Joint Venture 1 of 1
Country: Australia 1 of 1
Year: 2018 1 of 1

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