Kevin Hart has raised substantial funding to merge his existing entertainment companies. According to a press release shared with AfroTech, the comedian and Hollywood entertainer has merged Laugh Out Loud and HartBeat Productions to form HARTBEAT. In addition, it was also announced that the multi-platform media company raised $100 million from Abry Partners, in which the private equity firm took a minority investment. The funding will support new content, hiring new teams, and the expansion of existing brands and franchises.