ACF Investment Bank advised Forest Road Asset Management LLC’s investor group on their investment in Range Media Partners
ACF Investment Bank has advised an investor group led by Forest Road Asset Management LLC with respect to their investment in Range Media Partners. This group, comprised of affiliates of Liberty Global, an investment fund advised by Wildcat Capital Management, and Rick Hess, join existing investors Point72, and A+E Networks.
Range Media Partners has built a market leading talent management firm which specializes in multiple sectors including Film, Television, Sports, Music, Digital, Publishing, Gaming, Activism, Business, and Brands.
Range will utilize the investment to make strategic acquisitions, support organic growth, strengthen its position in the US, and to grow internationally.
Range Media Partners Multi-Vertical Talent Management Firm
Founded in 2020, Range Media Partners has built a market leading roster of clients. The company provides its clients with a full stack of shared services spanning all facets of content production and commerce-based initiatives.
The company has implemented a growth strategy for Range Sports, which includes acquiring growth-stage companies within the media rights, athlete marketing, and golf sectors.
It also expanded its Range Music proposition through the launch of a music publishing division and opening a Nashville office.
Since inception, Range has merged with production company Automatik, strengthening its film production capabilities.
Range was built to take advantage of changes in the media and entertainment industry through its cutting-edge data which helps to predict trends, emerging opportunities, new markets for monetization, and its innovative audience measuring analytics enabling a more sophisticated servicing of its clients.
Liberty Global
Liberty Global has $7bn consolidated revenue (*Liberty Global 2023 consolidated results), 33,000 employees, and operates in 6 European countries.
The company is the world leader in converged broadband, video and mobile communications and an active investor in cutting-edge infrastructure, content and technology ventures. The company brings best-in-class expertise and groundbreaking experience at the forefront of content, sports and technology.
“We are excited to announce another deal completed in the Talent Management space. Range is an exciting doorway into a rich treasure trove of talent, which is increasingly impacting global brands across the entertainment industry. The consortium of investors is a premium group of blue-chip investors. This deal supports our strategy of working with Forest Road and is an exciting step only 3 months into our new relationship.”
Thomas Dey, Chief Executive Officer, ACF Investment Bank
“We are excited to partner with Liberty Global and Wildcat on this investment. This is a perfect example of how Forest Road and ACF can collaborate in the future on deals, with combined investment and advisory capabilities. In a media landscape with increasing disruption, we see value accruing to the talent space, and Range is strategically positioned to capture that growth.”
Jeremy Tarica, Chief Executive Officer, Forest Road Securities