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Armageddon Fighting Championships productDeal made in the Den

Dragons' Den Canada Season 5 · Episode 18

Armageddon Fighting Championships

a mixed martial arts business

The ask$55,000for 10% of the business
Implied valuation$550Kask / equity
On-air resultDeal agreed
Founders: Jason Heit, Darren Owen

On the record

The deal, on the record

Armageddon Fighting Championships pitched for $55,000 in return for 10% equity.

Season
5, ep 18
On-air outcome
Struck a deal
Deal terms
$80,000 total for 30% (Treliving $55,000 for 25%, Herjavec $25,000 for a further 5%). Asked for $55,000 for 10%. Canadian Press wire story, episode aired Wednesday March 9, 2011. Founders Jason Heit and Darren Owen say "Done deal" / "Done" in the same article.
Investing Dragons
Jim Treliving, Robert Herjavec
Category
Sports and Outdoors

Tracked by Dragons Den Hub. Deal terms come from the aired episode; availability reflects our latest check only.