Black Bear Sports Closes on $1.4M Purchase of Former Ice Zone

BOARDMAN, Ohio – An affiliate of Maryland-based Black Bear Sports Group Inc. has closed on its purchase of the former Ice Zone at 360 McClurg Road, according to data from the Mahoning County Auditor’s office.

Records show that Deep Freeze Acquisition LLC, based in Bethesda, Md., purchased the ice rink from KSMAC Holdings Ltd. for $1.45 million. The sale was recorded Aug. 2.

“We are excited to continue our western Pennsylvania and Ohio market expansion with the addition of the Deep Freeze Ice Arena,” Murry N. Gunty, founder and CEO of Black Bear, said in a statement in June.

“This is a natural extension of our Youngstown Phantoms brand,” he continued. “Our team has a proven track record of effectively reaching into the community and providing affordable family entertainment that promotes physical activity and healthy lifestyles and together with the team from Extreme Air Trampoline Park, the Deep Freeze will be no exception.”