NEWS
Keep up with what we’re doing and read our latest press releases, insights, and more.
PLAYFLY SPORTS ACQUIRES THREE SALES DIVISIONS OF FOX SPORTS: HOME TEAM SPORTS, IMPRESSION SPORTS, AND FOX SPORTS COLLEGE PROPERTIES
Today, Playfly Sports, a leading Philadelphia-based sports marketing company, announced their acquisition of three leading businesses from FOX Sports: Home Team Sports, Impressions Sports, and FOX Sports College Properties.
This deal cements Playfly’s role as a top competitor in the sports marketing space by expanding Playfly’s presence in the collegiate and high school multimedia rights space and providing their marketing partners the ability to reach over 90 million households through live MLB, NBA, and NHL games.
Access Holdings partnered with Playfly Sports in September 2020 with a focus on long-term strategy and success. Prior to the initial investment, Access worked with Playfly Founder Michael Schreiber to devise the business model and has since actively supported its execution to quickly build Playfly into a market leader.
This deal highlights a major achievement in Playfly Sport’s long-term growth serves as and an example of how Access aids their portfolio companies during every step of growth. Read more about this exciting deal here.
Changing the Paradigm
Last week Foundation Partners Group issued a press release through Cision PR Newswire that you can read here. The release dealt with some of the company’s ten year history in that it has grown into a company with nearly 160 locations serving over 75,000 families annually.
Another thing that the release shouted was that Foundation Partners Group (FPG) serves a clientele that chooses cremation for 86% of its dispositions. It’s noted that FPG believes that is an industry leading metric for cremation services.
Access Holdings Announces Junaid Zaheer as New Director of Strategy
Baltimore, MD – Access Holdings, a Baltimore-based mid-market investment firm specializing in a purposeful buy-and-build investment approach, today announced that Junaid Zaheer will join the firm as Director of Strategy.
Junaid will advise Access’ leadership, shape key initiatives, and deliver strategic counsel. Additionally, Junaid will work closely with Access’ portfolio companies to grow their businesses and provide critical real-time advice.
PORTFOLIO COMPANY “CAR WASH OWNERS NETWORK” PARTNERS WITH “OKIE EXPRESS AUTO WASH”
Baltimore, MD – Car Wash Owners Network (CWON), a portfolio company of Baltimore-based Access Holdings, today announced it has closed its investment in Okie Express Auto Wash, the largest car wash operator in the Oklahoma City market. Financial terms were not disclosed.
Founded in 2008, Okie owns and operates 11 premier express car wash locations known across Oklahoma City for their superior customer service, convenient locations, exceptional wash quality and speed. Okie washes more than one million cars annually and supports multiple local charities.
Regency’s Rapid Growth and Expansion Continues
Baltimore, MD – Regency Pet LLC announces today its new partnership with Hinsdale Pet Memorial Services, the premier pet aftercare services provider in the Midwest.
This expansion includes Hinsdale Animal Cemetery and Pet Crematory in Willowbrook, Illinois, Rolling Acres Memorial Gardens in Kansas City, Missouri and Loving Hearts Pet Memorial Services in Eureka, Missouri.
Regency continues to expand its service delivery across the United States, with providers in the Northeast, South, Midwest and Western United States.
Access Holdings Raises $340 Million for Inaugural Private Equity Fund, Exceeding Target by 36%
Baltimore, MD – Access Holdings, a Baltimore-based mid-market investment firm specializing in a purposeful buy-and-build investment approach, today announced the final close of its inaugural fund, raising $340 million from 15 institutional investors. This is one of the largest inaugural closed-end funds raised by a Mid-Atlantic private equity firm.
The fund, Access Holdings Fund I L.P., was oversubscribed and exceeded its target of $250 million by 36% despite difficult circumstances imposed by the COVID-19 pandemic and the significant drop in the number of first-time private equity funds closings.
Access Holdings Press
The Wall Street Journal: The midmarket firm closed Access Holdings Fund I LP after spending years investing as an independent sponsor. Years spent investing in individual deals paid off for Access Holdings Management Co., which has raised $340 million for its first private-equity fund. The final tally for Access Holdings Fund I LP exceeded the Baltimore-based investment firm’s $250 million goal in a particularly challenging market for first-time funds.
What does it mean to be "a leader”?
Scott Buttz and Courtney Lynch explore principles, experience and knowledge taught to leaders for more than two centuries in the US Marine Corps and applicable to anyone who desires to influence outcomes and inspire others.
Whether you are an experienced leader or an emerging or aspiring one, you will find yourself in this rich and passionate discussion of accountability, service, responsibility, humility, failure, trust, corruption, and the undeniable compass point of … Character.
PlayFly Sports Press
Sports Business Daily : A group spearheaded by veteran media exec Michael Schreiber, Sinclair Broadcast Group and Access Holdings has acquired Outfront Media Sports, the collegiate multimedia rights holder for LSU, Maryland, Virginia and other schools.
Baltimore Business Journal: Schreiber, the founder, will become CEO of a new full-service sports marketing agency, Playfly Sports, and Outfront's college and high school rights holder business will be rebranded to Playfly Sports Properties.
Billboard Insider: OUTFRONT Media Inc. (OUT) announced today that it has completed the sale of its Sports Marketing operating segment to Playfly Sports (Playfly,LLC). The Sports Marketing operating segment is the marketing and multimedia rights holder for a variety of colleges, universities and other educational institutions across the United States.
Playfly Sports Emerges as New Player in College Sports Multi-Media Rights Game with Acquisition of OutFront Media Sports
Philadelphia, PA – Playfly Sports a full-service sports marketing company, is emerging as the newest player in providing top-tier management of multi-media rights solutions for universities, high school state associations, sports venues, conferences, teams and other properties.
Playfly Sports, a Philadelphia-based company, through the acquisition and rebranding of OUTFRONT Media Sports LLC to Playfly Sports Properties, will use an innovative, digitallyenabled approach and turnkey media solutions to the growing collegiate multi-media rights (MMR) industry.
ACCESS INSIGHTS
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