Playmaker Capital Acquires Spanish-Language Sports Video Platform Cracks
January 11, 2022
Playmaker Capital Inc. acquired Mexico-based video-first sports media platform Cracks, purchasing 100% of its digital assets, marks and copyrights for up to US$1.7 million (US$0.4m on closing plus up to US$1.3m in performance-based payments). The acquisition expands Playmaker's video production and monetization capabilities and boosts its reach across Latin American and U.S. Hispanic soccer audiences.
- Buyers
- Playmaker Capital Inc.
- Targets
- Cracks
- Sellers
- Manuel Bravo
- Industry
- Media & Entertainment
- Location
- Mexico City, Mexico
- Transaction Type
- Buyout
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