Black Bear Sports Group, Inc. is a privately held company established in 2015 with a focus on making investments in sports and entertainment facilities, amateur and professional teams, and youth sports events. The company's mission is to bring professional management to create safe and enjoyable environments for hockey rinks across the mid-Atlantic. Their arenas are known for being clean, professionally managed, and offering world-class recreational offerings. The company specializes in several key areas, including ice arenas in metropolitan areas with compelling demographics, markets with National Hockey League club presence, arenas with an existing Tier I or Tier II youth hockey presence, and junior hockey teams. Black Bear Sports Group has the capability to acquire healthy and stable arenas while also possessing the skill to turn around under-managed or under-performing facilities. Their current holdings include ice arenas in Chicago, Pittsburgh, New Jersey, and the Washington, D.C. area. In addition, the company owns and operates junior 'A' teams such as the Youngstown Phantoms (USHL), Maryland Black Bears (NAHL), and Team Maryland (EHL). Black Bear Sports Group's commitment to providing safe and fun environments, along with their strategic focus on key markets, make them an attractive prospect for venture capital investment. Their strong presence in the mid-Atlantic region and the potential for growth in the sports industry positions them as an interesting opportunity for investment. With their emphasis on professional management and recreational offerings, the company presents a compelling case for potential investors looking to enter the sports and entertainment sectors.
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