B2Digital Closes Acquisition to Significantly Expand One More Gym Brand
Tampa, FL - (NewMediaWire) - October 08, 2020 - B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is pleased to announce the closing of the Company’s asset purchase agreement (the “Agreement”) to acquire all of the assets of two additional premier fitness facilities, expanding its One More Gym brand to three locations as of October 6, 2020.
The two new locations are existing and operating fitness facilities in Merrillville and Valparaiso, Indiana.
“This move should triple our One More Gym revenues going forward,” commented Greg P. Bell, Chairman & CEO of B2Digital. “The acquisition is a strong long-term value for our shareholders given the current environment, which has created tremendous value opportunities in the fitness facility marketplace.”
B2Digital began recording operating revenues from the newly acquired locations on October 6. The Company plans to add Jiu-Jitsu, Boxing, and MMA instruction areas to both locations to integrate the facilities into the Company’s B2 Training Facilities Network, which represents strong synergy between its B2 Fighting Series, B2 Grappling Series, and One More Gym brand, creating an ecosystem for fighter development, as well as an avenue of high-impact marketing targeted toward both aspiring fighters and MMA fans.
For more information about B2Digital, visit the Company’s website at .
About B2Digital Inc.
With extensive background in entertainment, television, video, and technology, B2Digital (OTC: BTDG) is now forging ahead and becoming a full-service live event sports company. Capitalizing on the combination of B2Digital CEO Greg P. Bell’s expertise and involvement with more than 40,000 live events over his career for major sports leagues and entertainment venues, B2Digital is in the process of developing and acquiring MMA and sports-related companies to build an integrated Premier Development League, Expand the B2 Official Training Facility Program Network and Continue the growth of the B2 Social Media Network for the multibillion-dollar mixed martial arts (“MMA”) industry.
B2Digital intends to create and develop league champions that will move on to the MMA major leagues from the Company’s B2 Fighting Series brand. Each year, the top fighters will be invited to the annual B2 Fighting Series National Championship live event.
B2Digital has developed and deployed the systems and technologies for the operation of the B2 Fighting Series, “B2FS”. This includes social media marketing, event management, digital ticketing sales, digital video distribution, digital marketing, PPV, FTV (Free to View), merchandise sales, brand management and financial control systems. B2Digital owns all rights for TV, internet, social media, media, merchandising and trademarks, and branding for the B2Digital companies.
B2Digital: MMA’s Premier Development League
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