NEW YORK: As announced earlier today at a press conference, Kate Del Castillo, and premier Hispanic Mixed Martial Arts (MMA) sports entertainment franchise, Combate Americas, announced today a landmark deal that redefines the world of combat sports. Del Castillo has acquired an equity stake in the company and is now an owner and significant shareholder of Combate Americas.
Her investment comes as part of a $20 million equity infusion from a powerhouse group of investors that also includes finance and sports industry leader Joe Plumeri, Ambassador Cliff Sobel and Irving Place Capital CEO John Howard.
Del Castillo will chair the advisory board, continue the company’s commitment to female empowerment and take on an active leadership role in growing the global MMA sports entertainment brand.
“Kate embodies the fierceness, tenacity and passion that defines the Combate Americas brand and its fighters.” says Campbell McLaren, CEO and Founder of Combate Americas. “Kate is now an equity partner and will take on a leadership role in the company and chairs our advisory board, joining our other prestigious investors including Chairman Joe Plumeri, Ambassador Cliff Sobel and John Howard,” he added.
Del Castillo said she was most drawn to Combate Americas’ embracement and development of Hispanic athletes, the tremendous opportunities it affords female fighters, its global media platform and its potential for the franchise to become the number two sport for Hispanic sports fans worldwide, after soccer.
“I am thrilled to join Campbell and the talented leadership team at Combate and will be relentless in helping Combate Americas reach its full potential as the second most popular sport.”
Del Castillo’s most immediate point of focus as an owner will be the upcoming ‘Combate de Reinas’ live television event at Galen Center in Los Angeles on Friday, April 26.
A watershed moment, the event will mark the first time in history that a combat sports event will feature an all-women’s lineup on broadcast television.
“’Combate del Reinas’ is a significant feat for women in sports,” said Del Castillo, “and is a clear testimony to the Company’s commitment to female empowerment which I am excited to champion!”
Del Castillo was represented in the deal with Combate Americas by Walter Mosley of Mosley and Associates, while Combate Americas was represented by attorneys Andrew Nightingale and Krista Whitaker of Proskauer Rose, LLP.