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Gmf Capital Acquires Motorsport Network Media Llc

Jun 29, 2023over 2 years ago

Acquiring Company

GMF Capital

Acquired Company

MOTORSPORT NETWORK MEDIA

Angel InvestmentVenture CapitalReal EstateFinance

Description

GMF Capital (GMF), the family office for Gary Fegel and a leading private investment firm, today announced it has completed the acquisition of Motorsport Network Media LLC (MSNM), a global digital media platform in motorsport and automotive, for an undisclosed sum.

Company Information

Company

GMF Capital

About

GMF Capital was established by Gary Fegel in 2013 as a single-family office to invest capital on behalf of himself, his family and like-minded investors. Since its inception, and with offices in New York City and Switzerland, GMF Capital and its affiliates have invested more than $5.5 billion primarily in the areas of private equity, real estate, and alternative investments. Prior to founding GMF Capital, Fegel was a Senior Partner at Glencore Plc, one of the world's largest commodity trading and mining companies. For additional information about GMF Capital, please visit www.gmfcapital.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed