The UFC Gym brand has expanded rapidly with the addition of 81 LA Boxing franchises The deal between the two companies closed in late December Photo courtesy of UFC Gym

The UFC Gym brand has expanded rapidly with the addition of 81 LA Boxing franchises. The deal between the two companies closed in late December. Photo courtesy of UFC Gym.

UFC Gym-LA Boxing Negotiations Intensified in Late 2012

Last month, NeV’s UFC Gym announced the acquisition of LA Boxing, Santa Ana, CA, which had 81 franchises around the country. The two sides began serious negotiations last September before closing the deal on Dec. 31, right before the tax deadline. Terms of the deal were not disclosed.

Last fall, Mark Mastrov, chairman and co-founder of New Evolution Ventures (NeV), Lafayette, CA, suggested that many companies involved in acquisition negotiations might want to get a deal done before the end of 2012 to avoid looming tax implications related to capital gains rates. What Mastrov did not say was that NeV may have been one of those companies.

Last month, NeV&rs

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