Scepter Holdings, Inc. announced it has signed a Letter of Intent to acquire Matchpoint Connection, LLC, which will become a fully owned subsidiary upon completion of the transaction. The existing management team of Matchpoint, led by CEO Brian Oliver, will continue operating the business. Matchpoint is a platform in the Name, Image, and Likeness (NIL) market, providing athlete-brand connection services while ensuring compliance with NIL regulations. Scepter aims to strengthen its role in the NIL and athlete endorsement markets by complementing its AdaptAI software and sees the acquisition as transformative for its sports management portfolio. The transaction is expected to close by the end of 2024, subject to specific conditions and finalized purchase agreements.