GameAbove Sports Acquires Stake in Brisbane Bullets; George Gervin Joins Ownership Group
November 11, 2024
GameAbove Sports, a CapStone Holdings company, has acquired a meaningful ownership stake in the Brisbane Bullets of Australia’s NBL, with NBA Hall of Famer George Gervin joining the ownership group. The investment is positioned as a strategic entry into the Australian sports market ahead of the Brisbane 2032 Olympics to raise the franchise’s profile and support growth initiatives.
- Buyers
- GameAbove Sports (CapStone Holdings Inc.), George Gervin
- Targets
- Brisbane Bullets
- Industry
- Media & Entertainment
- Location
- Queensland, Australia
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Perfect Game Acquires Triangle Top Gun Sports
February 25, 2025
Media & Entertainment
Perfect Game has acquired Triangle Top Gun Sports LLC from owner Wes Gregory, bringing roughly 4,000 travel baseball teams under Perfect Game’s national platform. The deal expands Perfect Game’s market leadership and geographic footprint across the Carolinas and will integrate Triangle Top Gun’s tournament operations into Perfect Game’s nationwide events and scouting network.
-
Longstreth Sporting Goods Acquires Cultor Pty Ltd (Gryphon)
October 22, 2024
Consumer Products
Longstreth Sporting Goods, a PE-backed U.S. field-hockey retailer and distributor, has acquired Perth-based Cultor Pty Ltd, owner of the Gryphon field hockey brand. The deal brings brand ownership to Longstreth, expands its international presence in key hockey markets, and will see both businesses continue operating under the Longstreth umbrella.
-
Knighthead Capital Acquires Significant Stake in Birmingham Panthers Netball Team
March 21, 2025
Media & Entertainment
Knighthead Capital Management has acquired a significant minority ownership stake in the Birmingham Panthers, a new professional Netball Super League team representing Birmingham and the West Midlands. The investment supports Knighthead's broader sports strategy in Birmingham and will help the Panthers expand operations, community outreach, and visibility as netball grows in popularity across the UK.
-
3STEP Sports Acquires Hoop Group
August 29, 2022
Education
3STEP Sports, the nation’s largest youth sports club and event operator, has acquired Hoop Group, a long-established grassroots basketball camp and event operator founded in 1963. The acquisition brings Hoop Group’s camps, leagues and showcases into 3STEP’s national platform to expand its basketball programming and participant reach.
-
The Sports Group Endeavors Acquires Las Vegas Action Franchise from Grass League
December 1, 2025
Media & Entertainment
The Sports Group Endeavors, together with an ownership group led by SG Ellison, AQ Shipley, Brandon Stein, and Mark King, purchased the new Las Vegas Action franchise from the Grass League for $1 million. The acquisition marks the Grass League's continued U.S. expansion into major sports markets and positions the Las Vegas Action to capitalize on media, sponsorship, and live-event opportunities.
-
Rob Gough Acquires Fireballs Jai‑Alai Team from World Jai‑Alai League
January 29, 2026
Media & Entertainment
Entrepreneur and investor Rob Gough purchased the Fireballs professional jai‑alai team from the World Jai‑Alai League (WJAL) in what the league described as the first perpetual (in‑perpetuity) franchise sale. WJAL said the move shifts its business model toward long‑term franchise ownership to attract sustained investment, deepen team brand equity, and support modernization of the sport and new revenue streams around live events and digital distribution.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.