Internet Sensation 'Dude Perfect' secures significant private equity funding to accelerate growth
Internet sensation 'Dude Perfect' Secures Over $100 Million in Private Equity Deal
Online internet personality group 'Dude Perfect' has raised more than $100 million to expand its reach and create more content, aiming to bring real-life experiences based on its popular content to its fans. Founded over a decade ago, 'Dude Perfect' focuses on sports and humor, leveraging viral YouTube videos to build a strong following.
Significant Funding and Expansion Plans
The group received over $100 million from Highmount Capital, allowing them to build a larger management team, grow internationally, and translate content to multiple languages. Their revenue increase, coupled with private equity investment, reflects the growing interest in new media ventures.
Latest Trends in Online Media Investments
Highmount Capital's investment in 'Dude Perfect' showcases the ongoing trend of private equity firms investing significant amounts in internet influencer groups, emphasizing the shift towards innovative online, streaming, and new media platforms.
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