M&A
confidence high
sentiment positive
materiality 0.75
Nomadar signs deal to acquire 100% of Fox Soccer Academy; base $2M cash plus deferred and earnout payments
Nomadar Corp.
- Acquires 100% of Fox NY, Fox NC, Fox UK, Fox Austria — four youth academies serving ~2,100 players.
- Purchase price: $2M base cash + $500K NOMA shares at $3.36575/sh + $2.6M deferred + up to $1.5M earnout.
- Sellers receive 4,419,607 Class B Units (49% of Fox Soccer Holding LLC); Nomadar holds Class A majority.
- Christian Fuchs and Raluca Gold-Fuchs remain partners; Gold-Fuchs joins 3-member Board of Managers; closing expected in coming weeks.
- Nomadar holds option to buy Sellers' 49% interest for $4.4M until 90 days after earnout determination.