Kaulig Sports & Entertainment
KAULIG SPORTS AND ENTERTAINMENT DIVISION ACQUIRES ASTR SPORTS, HIRES WALTER AS NEW DIVISION PRESIDENT
Kaulig Companies Limited, the single member family office for Matt Kaulig, announced today its acquisition of ASTR Sports Agency, and the hiring of ASTR founder, Jim Walter, as President of the newly-formed division of the Kaulig Companies, Kaulig Sports & Entertainment.
Walter will be responsible for scaling Kaulig Sports & Entertainment into a globally-recognized sports agency that delivers comprehensive athlete management and marketing services. Building on Walter’s success and existing world-class athlete roster, Kaulig Sports & Entertainment will specialize in creative partnerships and athlete branding focused on cross-marketing opportunities aligned with the Kaulig Companies’ core values: clients first, ethics always, open doors and creating the solution.
Walter is a Cleveland native, and graduate of Saint Ignatius High School. He earned both his accounting and finance degree from the Miami University of Ohio, cum laude, and also holds the prestigious London School of Economics certificate in Alternative Investments and Securities. Jim previously had a successful career in management consulting based out of Chicago.
“Jim’s finance and consulting background is unique in the sports world and allows Jim to approach sports and entertainment opportunities with quantified return-risk methodology, while systematically building his client portfolios,” explained Tim Clepper, President of Kaulig Companies. “We are thrilled to have someone with his credentials lead Kaulig Companies’ new division for Sports and Entertainment.”
Kaulig Sports & Entertainment’s client list already includes Cleveland’s own 5x and current UFC heavyweight champion, Stipe Miocic, who is Walter’s longtime client. Other combat sport athletes include 4x UFC middleweight champion Chris Weidman and #1 ranked light-heavyweight Anthony “Lionheart” Smith. Kaulig Sports & Entertainment’s initial client roster also includes NFL and MLB stars, and several e-sports athletes.
“When I signed with Jim, I was a struggling, unranked, middleweight in the UFC. Jim took the time to get to know me and my goals. He developed a strategic marketing and business plan tailored around those goals, and guided me through every step. In less than two years, I had four main event fights, including my first world title shot against Jon Jones, and more exposure and opportunities than ever before,” said Smith. “I know I have Jim to thank for that, and I’m very excited to see what he and Kaulig Sports & Entertainment will do. Success as an athlete is about so much more than what we accomplish physically-we need great people in our corner handling business, and it doesn’t get better than Jim and his team. I am excited for the future.”
Kaulig Sports and Entertainment is the brainchild of a years-long successful collaboration between Kaulig Companies and Jim Walter, which began as a cross-marketing collaboration between Kaulig Racing and Stipe Miocic. “We realized over time how similar and complementary our businesses are, and wanted to build out a fully-integrated and a full-service sports and entertainment agency,” says Walter. “Both Kaulig Companies and ASTR believe that winning is a conscious decision. This shared mentality is the key to our future success. We work harder and give more than anyone else. I’m blessed to start this next career chapter in my hometown, with like-minded people who are driven to help others succeed.”
Kaulig Sports & Entertainment will be based out of the Kaulig Companies headquarters in Hudson, Ohio. Kaulig Companies Limited, is the single member family office for Mr. Matt Kaulig and his immediate family. It operates brands across a diverse spectrum of businesses including sports, media, technology and financial services. Philanthropy, with a focus on children and community, is also a cornerstone of the Firm. Several brands managed by the family office include but are not limited to: Kaulig Capital, Ellsworth Advisors, Kaulig Racing, Kaulig Giving, Kaulig Media & LeafFilter®. www.kauligcompanies.com
Kaulig Sports and Entertainment will diversify the Kaulig Companies portfolio by leveraging athlete representation to build and monetize strong relationships throughout sports and entertainment. Kaulig Sports and Entertainment will drive value both through 1) direct athlete representation 2) identifying and building strategic partnerships and investment opportunities in the sports and entertainment space.