Chip Sloan Featured in Article About Acquisition of Underdog Venture Team by NewSpring Holdings

Media Commentary

July 2023

By: Mergers & Acquisitions

Shareholder Chip Sloan was featured in the article, “Underdog a Favorite in Sports and Entertainment with NewSpring Backing,” published by Mergers and Acquisitions discussing the recent acquisition of Underdog Venture Team by NewSpring Holdings. Sloan stated that as consumer habits evolve, athletes must adapt to meet fans where they are. Underdog's approach aligns well with this demand, offering new content, innovative marketing strategies, and commercial agreements that resonate with consumers and can drive future revenue. Sloan added that many organizations and teams are seeking precisely what Underdog provides in terms of engaging consumers and creating profitable opportunities in the sports and entertainment sectors.

Read the full article here.