AcquisitionsApr 6, 2026, 04:06 PM
Adapti, Inc. to Acquire NIL Representation and Collegiate Sports Marketing Business from Levelution Sports Agency
AI Summary
Adapti, Inc. has entered into an asset purchase agreement to acquire substantially all assets and certain specified liabilities of Levelution Sports Agency's NIL Representation and Collegiate Sports Marketing business. This acquisition allows Adapti to expand its offerings in the sports marketing sector, specifically in the rapidly growing area of Name, Image, and Likeness (NIL) representation for collegiate athletes.
Key Highlights
- Adapti will acquire tangible and intangible assets, including cash, accounts receivable, contracts, furniture, intellectual property, and prepaid expenses.
- The acquisition excludes certain unspecified assets of Levelution Sports Agency.
- The deal is subject to customary closing conditions.