TNA Wrestling are reported to be in talks with Summit Strategic Investments, a multi-million dollar investment company to partner going forward, according to a report from Pro Wrestling Sheet.
The report notes that Summit Strategic Investments are best known for having a successful track record of “transforming troubled assets”, having bought Segway and selling it 2 years later after resurrecting the product. In an interesting note, the CEO of Summit Strategic Investments is Roger Brown, whose brother Jason is the CEO of Aroluxe, who were reported to be financing TNA Wrestling’s production expenditures.
The report notes that Aroluxe, which is the production arm of Aroluxe Marketing have not talked about purchasing a stake in the company and that there is no word on how much stake Summit Strategic Investments are looking to purchase.