Industry-Leading Sports Facility Planning and Management Firm Attracts Resources for Next-Generation Services.
CLEARWATER, Fla., Oct. 4, 2022 /PRNewswire/ — The Sports Facilities Companies (SFC) has introduced a partnership with Stonehenge Partners (Stonehenge) to gas the agency’s growth and repair to communities throughout the nation. Founded in 2003, SFC has been concerned within the planning, consulting, and working of lots of immediately’s most notable sports activities tourism and recreation locations, internet hosting greater than 25 million annual visits in SFC-affiliated venues. The sports activities, recreation, and tourism trade is experiencing explosive development: Youth and newbie sports activities tourism, at the moment a $39.7 billion trade (Sports Events and Tourism Association 2021 Report), is predicted to succeed in $77.5 billion in 2026 worldwide (Evergreen Research Report 2020).
SFC Co-Founders Jason Clement and Dev Pathik commented on the way forward for the partnership. “We are obsessed with serving communities and families,” Clement, SFC CEO said. “This partnership allows us to invest in our client and customer experiences in new and different ways. We are focused on the technology, talent, and tools to expand our full-service solution for developing and operating the nation’s highest-performing sports and recreation complexes.”
“This is the ideal time to take on a capital partner who shares our vision for improving communities,” added Pathik. “The Stonehenge model provides the right balance of mission alignment with the current SFC executive team maintaining its significant ownership stake and continuing to lead the companies’ expanding service offerings.”
Andrew Bohutinsky, Stonehenge Managing Partner, said, “The Stonehenge team is thrilled to partner with SFC. We view the firm’s focus on long-term client relationships, consistent growth, talent, market position, and end-to-end solution as huge advantages in the highly fragmented sports tourism and recreation marketplace.”
The youth and newbie sports activities market have been on a steep rise because the early 2000s, with a notable spike in development within the journey and tourism house since 2014. As municipalities search options of their parks and recreation budgets, put money into journey sports activities locations, and compete to be cities of alternative for high quality of life, SFC is poised to supply the very best service and sources. SFC at the moment operates a rising record of sports activities tourism, neighborhood recreation, wellness, and occasions properties throughout 17 states and hosts greater than 25 million visits yearly.
Chief Executive of the Sports and Fitness Industry Association Tom Cove stated of the announcement, “The SFC team has played a significant and positive role in the youth and amateur sports landscape. Their growth and this partnership are testaments to their commitment to excellence. This is great news for the industry and the communities in which SFC serves.”
Current SFC Client Dan Rowe, CEO of the Panama City Beach Convention and Visitors Bureau and former Visit Florida Board Chair, added, “Congratulations to the entire SFC team. They are once again resourcing themselves to lead the facilities management movement in the sports, recreation, and tourism space.”
Sports Facilities Companies has served greater than 2,000 communities since its founding and at the moment operates 40 properties on behalf of municipalities, actual property builders, and personal shoppers, together with Myrtle Beach, SC, Gatlinburg, TN, Hoover, AL, Sandusky, OH, Panama City Beach and notable new developments in Fort Bend, TX and Starkville, MS. The SFC workforce is comprised greater than 1,500 workforce members in 17 states.
To study extra concerning the Sports Facilities Companies (SFC), please go to www.sportsfacilities.com.
About The Sports Facilities Companies
The Sports Facilities Companies (SFC) present outsourced administration and growth providers for neighborhood sport, recreation, wellness, and occasion amenities. SFC offers full-service options to neighborhood leaders, municipalities, conference & guests bureaus, and builders consisting of grasp planning, program planning, feasibility, growth oversight, development administration, {and professional} administration providers. The SF Network consists of greater than 30 managed venues and 1500 workforce members serving greater than 25 million annual company whereas producing over $250 million in financial impression annually. To study extra, go to www.SportsFacilities.com and www.theSFNetwork.com
PRESS CONTACT
Ashley Whittaker
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https://sportsfacilities.com/
SOURCE The Sports Facilities Companies
