Impact Wrestling issued the following press release to Prowrestling.net on Tuesday to announce the acquisition of Global Force Wrestling.
Anthem Wrestling Exhibitions LLC, a subsidiary of Anthem Sports & Entertainment Corp. and parent company of IMPACT Wrestling, announced today that it has entered into an agreement to acquire Global Force Entertainment, LLC d/b/a Global Force Wrestling.
Jeff Jarrett, the founder of both IMPACT Wrestling and Global Force Entertainment, will join Anthem Wrestling Exhibitions as a member of its board of managers, equity owner and Chief Creative Officer.
“We are thrilled to be joining forces with Anthem as a partner to build the business,” said Karen Jarrett. “This partnership will be complementary of our strengths and bolster our capabilities to grow the IMPACT Wrestling brand. Ed Nordholm as President and Jeff Jarrett as Chief Creative Officer make a great tag team”
“We are excited by the progress we have made with IMPACT Wrestling since acquiring the business in January,” said Ed Nordholm, president of Anthem Wrestling Exhibitions. “Jeff and his team have been instrumental in this success and we are pleased that we have reached an agreement on the basis of which we can combine our businesses to continue to grow. Slammiversary XV will be a fitting occasion to bring the promotions together and merge the titles under the new IMPACT combined belts. By combining our resources and talent, we can produce the best product for our global audience.”
Powell’s POV: The obvious question is whether Anthem purchased the GFW name with the intention of using it rather than the Impact Wrestling name. Nordholm’s comments indicate that the title mergers at Slammiversary will lead to the titles being labeled Impact brand titles, so perhaps not. And if they don’t intend to use the GFW name, then why bother acquiring it? Congrats to Jarrett for getting whatever he got in exchange for a brand that never really got off the ground.