QIA Is Said to Join $50 Million Funding Round for UFC Rival Group One [Financial Post (Toronto, Ontario, Canada)]
Endeavor Group Holdings, Inc. Class A (EDR)
Last endeavor group holdings, inc. class a earnings: 4/30 06:00 am
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Group One Holdings, the company behind mixed martial arts brand One Championship, raised at least $50 million from investors including Qatar Investment Authority, according to people familiar with the matter. The round gives Group One a valuation of at least $1.35 billion, one of the people said. That is similar to the post-money valuation from a previous round in 2022, which QIA led with Guggenheim Investments. A representative for Group One confirmed the latest fundraising round, but declined to comment on the amount or name the investors. QIA declined to comment. Group One, a rival of Endeavor Group Holdings Inc.'s Ultimate Fighting Championship, agreed a multiyear partnership with Qatar's BeIN Media Group in 2022 to broadcast events across the Middle East and North Africa. It signed another with Amazon.com Inc.'s Prime Video to show at least
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