Action Media
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Action Media - overview
Location
Orange, CA, US
Primary Industry
Consumer Services
About
Action Media organizes and produces large-scale automotive lifestyle events, known for showcasing modified vehicles and engaging automotive enthusiasts through competitions and exhibitions. Action Media specializes in the production of automotive lifestyle events. The company was acquired by Action Pursuit Group, part of Apprise Enthusiast Media, from Great Hill Partners on September 26, 2006. Headquartered in Orange, US, Action Media operates with a total of 2 deals under its belt.
Hot Import Nights (HIN) primarily focuses on organizing and producing touring automotive lifestyle events, recognized as some of the largest and most unique car, music, and pop-culture festivals globally. The core offerings include events showcasing modified vehicles, featuring competitions and exhibitions that draw automotive enthusiasts from various backgrounds, including Japanese, European, Domestic, Exotic, and Performance car owners. The company serves a diverse clientele, including event attendees, sponsors, and exhibitors, facilitating interactions among media, automotive brands, and car aficionados. HIN events are conducted across multiple geographical markets, including North America, Canada, Asia, Europe, South Africa, and Australia, catering to a global audience that appreciates automotive culture and lifestyle.
The company also offers opportunities for models to participate in activities associated with their events, enhancing the overall experience for attendees and participants alike. The revenue structure of Hot Import Nights is primarily driven by event ticket sales, sponsorships, and vehicle registrations. Transactions typically occur through direct ticket purchases for attendees and participation fees from vehicle owners showcasing their cars at events. Sponsorships play a significant role in revenue generation, with companies seeking to exhibit their brands and products to a targeted audience, leveraging the vast reach of HIN events.
Revenue may also come from partnerships with gaming platforms through their trademarked product, 'Cyber Clutch: Hot Import Nights,' set for early access on various gaming systems. Additional avenues include booth space and sponsorship packages offered to exhibitors, allowing them to engage directly with thousands of automotive and lifestyle enthusiasts at each event. The most recent acquisition by Action Pursuit Group is expected to enhance Action Media's reach and capabilities. As part of its growth strategy, the company aims to introduce new events and expand into additional international markets, fostering greater engagement with automotive enthusiasts.
The integration of recent funding into new initiatives is anticipated to further capitalize on emerging trends in automotive culture, although specific product launches and geographic targets have yet to be disclosed.
Current Investors
Spectrum Equity, Apprise Media
Primary Industry
Consumer Services
Sub Industries
Event Management
Website
www.hotimportnights.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Action Media - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Action Media | - | ||||||||
| Buyout | Completed | Action Media | - |
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