Dude Perfect Secures Over $100 Million in Growth Capital from Highmount Capital
Dude Perfect, the popular YouTube creator company known for their comedy and sports videos, has just secured over $100 million in growth capital from private investment firm Highmount Capital. This massive investment will allow Dude Perfect to expand their brand beyond online videos and into new and exciting ventures.
While the exact amount of the investment was not disclosed, sources familiar with the funding estimate it to be between $100 million and $300 million. Dude Perfect plans to use this capital to develop new projects, creative partnerships, and to build a strong management team to lead the group to new heights.
One of the most exciting projects on the horizon for Dude Perfect is the construction of their headquarters facility in Frisco, Texas. This facility will serve as a production space and entertainment destination, featuring a retail store, podcast and gaming spaces, and even a trick-shot tower. The headquarters is set to cost as much as $100 million and will include a variety of attractions for fans to enjoy.
In addition to the headquarters project, Dude Perfect has several other initiatives in the works, including a multicity international tour, the launch of the Dude Perfect streaming app, and an ESPN documentary focused on the group. The five members of Dude Perfect, who met as college roommates at Texas A&M University, have built a massive following with over 17 billion views on their channel and more than 60 million subscribers.
With a mission to serve families with trusted entertainment, Dude Perfect is excited to partner with Highmount Capital to bring their fun and creativity to life in new and innovative ways. Highmount Capital, a New York-based investment firm, specializes in transformative technology, media, and growth-oriented platforms.
The Dudes of Dude Perfect have not only captured the hearts and minds of their audience but have also built a strong level of trust with families, brands, and consumers of all ages. This trust has allowed them to expand their brand into various products and partnerships beyond their popular videos.
Overall, this investment from Highmount Capital will allow Dude Perfect to continue to grow and expand their brand, bringing their unique brand of entertainment to fans around the world. With exciting projects on the horizon, fans can expect even more fun and creativity from the Dudes of Dude Perfect in the future.