Rich Jackim, a Managing Partner at Sports Club Advisors will be speaking to owners of sports and social clubs at the 7th annual Sport and Social Industry Association Conference to be held in Austin, Texas in February.
Rich will be sharing information about the M&A market for sports and social clubs as well as how to value sports and social clubs and various things that can be done to enhance the value of a sports and social club.
Rich is the author of the critically acclaimed book, The $10 Trillion Opportunity: Designing Successful Exit Strategies for Middle Market Business Owners, which was an Amazon Best Seller the year it was published.Read More
Sports Club Advisors advised Agape Tennis Academy (“Agape”), a full-service tennis management firm, on securing the tennis management contract at DeKalb Tennis Center, a 17-court tennis facility in Decatur, GA. Sports Club Advisors helped Agape find, target, and negotiate the deal.
DeKalb Tennis Center is a premier public tennis facility located in Decatur, Georgia. DeKalb Tennis Center, known for its pyramid shaped facility with a pro shop sitting at the peak, offers 17 hard, lighted tennis courts, a full scale pro shop with bathrooms, showers, and lockers rooms, also re-stringing, tennis equipment, a café with espresso drinks, snacks, and other beverages, Wi-Fi and other tennis necessities. DTC is also renowned around the state of Georgia due to its hosting of numerous large scale tournaments, socials, and events, including several ALTA (Atlanta Lawn Tennis Association) and USTA (United States Tennis Association) City Championships each year.
Agape, founded in 2012 by Amy Pazahanick (a seasoned tennis pro from the Atlanta area), brings top quality tennis programs to communities via a full range of tennis programs to all levels and ages. Agape’s core beliefs are: Honesty, Excellence, Attitude, Responsibility, & Teamwork. Agape will utilize its core beliefs to build and expand the tennis center into one of the premier facilities in the Atlanta area.
“Sports Club Advisors was with me every step of the way. I would not have acquired the DeKalb location without them.” stated Pazahanick.
Jim Bates, Partner – Sports Club Advisors, helped Agape find and negotiate the opportunity. “Working with Amy was a pleasure” stated Bates…” she is the rare combination of player, coach, and businessperson. I have no doubt that DeKalb Tennis Center will flourish under her leadership and vision.”
Sports Club Advisors is the premier advisory firm to the sports and fitness industry. SCA’s services include: sell-side mergers & acquisitions, buy-side mergers & acquisitions, valuation, and strategic management consulting.
For more information contact Jim Bates at Mobile: 847.404.4566 or at firstname.lastname@example.org.Read More
Indoor rock-climbing is a quietly expanding exercise industry that many believe is ripe for a CrossFit-like explosion. Climbing gyms boasted revenues of $151 million in 2014, up from $147 million in 2013, according to IBISWorld. That figure is expected to hit $162 million by 2019. The number of climbing gyms in the U.S. increased by 9 percent last year, with a total of 353 facilities. Similar to other specialized sports and exercise regimes like yoga or cycling, climbing has a reputation of being somewhat of an outsider activity; or a hobby for a niche of enthusiasts. Rope climbing involves a pile of intricate gear, and bouldering—which refers to scaling lower walls without ropes or harnesses—requires a punishing physical logic that rewards repeated failure.
The emerging market lacks a clear front-runner or signature national brand, although Brooklyn Boulders aspires to the title. Outside New York, the company has locations in Somerville, Mass., and Chicago, with Los Angeles up next; the startup founded in 2008 has approximately 3,000 monthly members, and 60,000 day pass visitors, each year.Read More
Nebraska Elite Sports and Fitness Acquired by Genesis Health Clubs
Genesis Health Clubs, Wichita, Kansas, acquired Omaha-based Nebraska Elite Sports and Fitness Complex. The 108,000-square-foot, standalone facility features a cycling area, yoga studio, swimming pool, steam room, running track, full-service day care and volleyball and basketball courts.
The acquisition of Elite Sports and Fitness is Genesis’ 10th health club acquisition in Nebraska and its 41st in the region, making Genesis the most active buyer of health clubs and fitness centers in the Midwest.Read More