Comedian Kevin Hart receives $100M investment for new comedy company

Comedian Kevin Hart has announced that he has received a $100M investment for his new comedy company.

https://t.co/ctJjK1prsl …..Let’s gooooooooooo HartBeat!!!!! 💪🏾💪🏾💪🏾💪🏾

— Kevin Hart (@KevinHart4real) April 26, 2022

Credit: Twitter @KevinHart4real

Comedian Kevin Hart’s new $100M dollar investment will fund a merger company named Hartbeat, which combines two of his former companies, Hartbeat Productions and Laugh Out Loud. The latter of the two is known for its web series and podcasts with shows such as “Olympic Highlights with Kevin Hart & Snoop Dogg” with shows from Heartbeat Productions including “Dave” and “Night School”

Private equity firm Abry Partners is behind the investment, and in exchange will receive a minority stake and two seats on Hartbeat’s board. Kevin hart’s company is reportedly valued at roughly $650 million but there has been no official confirmation on this figure.

42-year-old Kevin Hart was born 6, July, 1979 and was raised in Philadelphia, starting his career as a comedian after winning multiple amateur comedy competitions.

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