Black Bear Sports Group
An affiliate of Black Bear Sports Group has acquired Howell Ice Arena in Howell, NJ. The Monmouth County-based ice skating rink features two ice sheets, a snack bar and a pro shop. Over 500 local youth and high school hockey players use the Arena as their home ice rink.
An affiliate of Black Bear Sports Group, Inc. (“Black Bear”) has acquired the Patriot Ice Center in Newark, DE (the “Arena”). The Arena features one NHL-size ice rink and one Olympic-size ice rink, an athletic training gym, café, pro shop and a martial arts studio.
The Maryland Black Bears Head Coach and General Manager, Clinton Mylymok has announced that Ryan Kosecki will be joining the team as the Assistant General Manager. Kosecki is coming to the Black Bears from the USHL, where he spent the past two seasons as an Assistant Coach with the Muskegon Lumberjacks.
“The Igloo is a centrally-located hub for ice skating and hockey in southern New Jersey. With Revolution Ice Gardens to the west in Bucks County, PA, and Ice Land Skating Center to the north in Hamilton, NJ, we’re excited to add Igloo to our portfolio of ice rinks in the area,” said Murry Gunty, Founder and CEO of Black Bear.
“Many talented hockey players and skaters call the Arena their home ice and we are excited for continued expansion in New Jersey” – Murry Gunty
“Since our investment in 2016 we’ve helped Northern Brewer make homebrewing easier and more accessible across the U.S.,” a ZX Ventures spokesperson told Brewbound via email. “We decided to sell Northern Brewer to Blackstreet Capital Holdings and wish them success in their new partnership to serve the homebrewing community for years to come.”
Murry Gunty, an investment professional with over 27 years of experience, is the CEO of Blackstreet Capital Holdings.
Blackstreet Capital Holdings focuses on rescuing small to mid-sized distressed companies. Including predecessor companies, Mr. Gunty has led investments in approximately 40 businesses with aggregate of well over $1 billion in revenue.
Murry Gunty has invested in excess of $1.7 billion of equity and subordinated debt capital in over 50 transactions in his career. He was formerly a General Partner of Jacobson Partners, L.P., a middle-market private equity fund focused on control buyouts of business with up to $150 million in revenue. Mr. Gunty is a former partner in the real estate principal investment area of Lazard Freres & Co., LLC, where he co-managed $3 billion of capital in real estate-related private equity funds. He is a former associate of the Blackstone Group.
Mr. Gunty received an AB from Harvard College and an MBA from the Harvard Business School.
Nov. 3, 2017 – With the help of Murry Gunty from Blackstreet Capital, Southpointe’s legacy sports complex has been officially renamed Printscape Arena at Southpointe. The 22-year-old arena will operate 365 days a year and continue to provide world-class facilities for hockey teams of all ages, as well as soccer, volleyball, lacrosse and other …
Continue reading “Southpoint’s former Iceoplex building renamed, plans for new restaurant announced”
Oct. 3, 2017 – Western Capital Resources entered into a Purchase and Sale Agreement with MBE on October 3, 2017, pursuant to which the Company agreed to sell all of the capital stock in AlphaGraphics, the sole business comprising the Company’s franchise segment, for an aggregate purchase price of $61,500,000 (subject to adjustment), less approximately $1,185,600 …
Continue reading “Western Capital Resources, Inc. Announces Sale of AlphaGraphics, Inc.”
BCH affiliate purchases two ice rinks in Chicago suburbs August 15, 2017 – Led by President Murry Gunty, Piney Ice Holdings, Inc., (“Piney”) an affiliate of Blackstreet Capital Holdings, LLC (“BCH”) and Ice Rink Holdings, LLC, has acquired the American Heartland Arena in Lincolnwood, IL, and Center Ice of DuPage in Glen Ellyn, IL. Managed …
Continue reading “Blackstreet Capital Holdings and Affiliates Purchase Fifth and Sixth Ice Arenas”