TNA Wrestling's fortunes could be able to take a turn for the better with the news that a multi-million dollar investment company could be about to enter into a partnership with the troubled wrestling promotion.
The investment company - Summit Strategic Investments is the same one who bought and sold Segway after the owner died, they sold it two years later. the buyers received $80 million from a group of investors to finance the purchase, according to USA Today.
The company also has a strong track record of turning around other failing businesses such as Fisker Automotive in 2015 with the help of their partner, Wanxiang. The CEO of SSI is named Roger Brown. His brother, Jason Brown, is the CEO of Aroluxe Media … the outsourced company TNA uses to help produce Impact Wrestling.
Aroluxe Media are the production arm of Aroluxe Marketing - neither have reportedly had any talks to buy a stake in TNA although as we have previously reported former TNA names Ron Harris and Don Harris work for Aroluxe Media and should SSI strike up a deal with TNA both will stay in their current roles.
Follow us on X @WNSource
Follow us on Instagram & THREADS
LIKE us on Facebook
⚡ News tip? Email ben@wrestlingnewssource.com