Tag Archives: Joe Plumeri

KATE DEL CASTILLO AND GLOBAL MMA BRAND COMBATE AMERICAS SIGN LANDMARK DEAL

BUSINESSWOMAN AND GLOBAL SUPERSTAR ACQUIRES OWNERSHIP STAKE AND TAKES ON LEADERSHIP ROLE AS PART OF $20 MILLION GROUP INVESTMENT IN ONE OF SPORTS ENTERTAINMENT’S FASTEST-GROWING FRANCHISES 


Kate Del Castillo (second from right) with (from left to right) Alberto Del Rio, Combate Americas CEO Campbell McLaren and Combate Americas President Jackie Hernandez at a press conference in Los Angeles today, Thursday, April 4, to announce Del Castillo’s acquisition of an equity stake in the Mixed Martial Arts (MMA) sports franchise. Photo credit: Scott Hirano/Combate Americas, LLC.


 
FIRST BIG INITIATIVE WILL BE ‘REINAS DEL COMBATE’ 
THE FIRST ALL-WOMEN’S LINEUP IN HISTORY 
TO AIR ON BROADCAST TELEVISION ON FRIDAY, APRIL 26 FROM LOS ANGELES
 

NEW YORK – April 04, 2019 – 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.

COMBATE AMERICAS APPOINTS FINANCE AND SPORTS INDUSTRY LEADER JOE PLUMERI BOARD OF DIRECTORS CHAIRMAN

First Data Vice Chairman, former Willis Group Holdings Chairman and CEO, and N.Y. Yankees minor league affiliate team owner sets his sights on the surging Hispanic millennial demographic and world’s fastest growing sport

NEW YORK, January 11 — Combate Americas, the premier Hispanic Mixed Martial Arts (MMA) sports and media franchise, today announced the appointment of its lead investor, longtime financial services and sports industry entrepreneur and philanthropist Joe Plumeri, as its non-executive, board of directors chairman.

Plumeri, the Vice Chairman of the Board of Directors for payment processing technology giant First Data, former chairman and CEO of Willis Group Holdings, former CEO of Citibank, North America and former President and Managing Partner of Shearson Lehman Brothers, as well as the owner of the New York Yankees minor league affiliate team, The Trenton Thunder, will sit on the board alongside Ultimate Fighting Championship (UFC) co-founder and Combate Americas CEO Campbell McLaren, and three of Plumeri’s fellow strategic investors.

Plumeri’s appointment comes on the heels of Combate Americas closing its series B round of financing.

“We are honored and excited to name such an esteemed and accomplished member of the business community like Joe Plumeri as the chairman of our board of directors and to have him play such a pivotal role in this movement we have created to serve the Hispanic millennial audience,” said McLaren, who launched Combate Americas in 2013 as a first-to-market venture that essentially combined his UFC pioneer experience with his storied background in television production.

“I am looking forward to this next chapter in my career that will allow me to focus on one of the last centers of growth in the U.S. economy – the emerging and exploding Hispanic demographic – through an incredible, first-to-market sports entertainment and media property that Campbell and his team have built with Combate Americas,” said Plumeri.

Prior to his role with First Data, Plumeri guided Willis Group Holdings for nearly 13 years to enormous value creation.   He also served as President of Smith Barney, Vice Chairman of Travelers and Chairman and CEO of Primerica during his tenure with Citigroup.

As a philanthropist, Plumeri was named Humanitarian of the Year in 2006 after contributing the largest gift in history to the Make-A-Wish Foundation, to fund the construction of the New Jersey headquarters of the non-profit organization dedicated to fulfilling the wishes of children with life-threatening diseases.

Plumeri is also responsible for funding the creation of business scholarships, athletic scholarships and annual faculty excellence awards at his alma mater, The College of William & Mary in Williamsburg, Va., where the baseball stadium, Plumeri Park, is named after his father. He also donated money to New York Law School to help create the Joe Plumeri Center for Social Justice and Economic Opportunity.

Combate Americas also recently announced a new company president in Alberto “El Presidente” Rodriguez, formerly Alberto Del Rio of the WWE, and a new television partnership that has its fight programming airing in over 135 million homes weekly on Azteca America in the U.S. and Mexico’s TV Azteca S.A.B. de C.V. (BMV: AZTECA; Latibex: XTZA), one of the two largest producers of Spanish-language television programming in the world.

For the first time in history, Combate Americas will head outside of the U.S. – to Mexico City, Mexico – with its live event series on Thursday, Jan. 19 when it will present a 10-bout fight card live on Azteca America and UFC FIGHT PASS®.  The event will air the following evening, Friday, Jan. 20 on TV Azteca.