Mixed Martial Arts Reports Acquisition Of BJJLink For Total Consideration Of Up To $13M

Brazilian Jiu Jitsu (BJJ) is one of the fastest growing combat sports in the world with over 44,000 studios in the US alone, with martial arts in the US representing an estimated $18.6bn annual market.

The acquisition of BJJLink includes a maximum consideration over 5 years based on revenue milestones of $3.6 million by year three, $6.3 million by year four, and $10 million by year five.

The total consideration for the acquisition of BJJLink is up to $13 million, made in cash or shares at the election of the MMA, including $3 million in fixed payments in the first two years following the acquisition, with $10 million in variable earn-out considerations tied to aggressive revenue milestones over years three to five.