Spartan Race decrees "This is Boston" as the obstacle race company uses $4.25m investment from Jim Pallotta to set up Boston headquarters.
US-based obstacle course race company Spartan Race has received an undisclosed amount from local investment manager Jim Pallotta’s firm.
While the size of the deal was not disclosed, a regulatory filing suggests that a sum upward of $4.25m was invested by Pallotta’s Raptor Consumer Partners (RCP), the private equity division of Raptor Capital Management, which works in partnership with creative agency Lipman on deals.
The investment will be made through one of Raptor’s venture funds. Raptor has invested in a…
