1、Drake Star Securities LLC is regulated by FINRA and is a member of SIPC.All securities in the UK,are transacted through Drake Star UK Limited(FRN 942020)an appointed representative of Kession Capital Ltd(FRN 582160)which is authorised and regulated by the Financial Conduct Authority.+1 203 524 5652
2、+1 310 696 +1 310 696 +44 77 4005 $6.3B$1.4B$2.4B9021116Source:Pitchbook,Drake Star analysisQ3 2023 DEAL VALUEQ3 2023 DEAL COUNTM&APrivate PlacementsPublic MarketsTotal-$10.1BTotal 317Q3 2023 SUMMARYWith over$10B in announced deal value in Q3,Sports Tech continues to outperform the broader markets i
3、n terms of deal activities and consolidation.The largest ever sports tech merger of WWE and UFC worth$21.4B was officially closed in Q3,forming TKO Group Holdings that started trading on NYSE.With over$6.3B in disclosed value through 90 deals,Q3 was another strong quarter for Sports Tech including A
4、rtemis,the family investment company of French billionaire Francios Pinault,acquiring majority control of CAA from TPG.Other notable deals of the quarter include QuintEvents/Liberty Media,MaxBet/Flutter,Playmaker/Better Collective and LiveBarn/Ares Management.#of private financings surpassed the 200
5、 mark for the first time in last five quarters,raising$1.4B in disclosed funding value,a tad bit lower than the$1.6B raised in Q2.Early-stage financings continue to make the majority of the rounds,while we saw an uptick in mid to late-stage financings.Some of the prominent raises for the quarter wer
6、e EGYM($225M),Monumental Sports($200M),Hyperice($100M)and Gympass($85M)Most active investors focused on early to late stage were Will Ventures,Verance Capital and Play Ventures,while seed stage investment activity was led by Elysian Park,Eberg Capital and Courtside VCOn the public market front,Amer