AFI PARTNERS COMPLETES ACQUISITION OF WATERLOO INDUSTRIES, INC. ALVOGEN PARTNERS WITH ROBERT WESSMAN TO BUILD A LEADING INTERNATIONAL GENERICS COMPANY, NORWICH PHARMACEUTICALS PURCHASED BY AFI PARTNERS, 158 Mercer Street; 2nd Floor; NY, NY 10012, contactny@afipartners.com | 212-938-0016. ESP will serve as a key conduit for our brand partners who are challenged to adequately reach the 15,000 customer doors that we will service in support of their end consumers. I hear from parents, you know, severed relationships of a decade or more. By last fall, as Bilanski and the group of Timbers staffers and coaches were hit with the lawsuit, they peeled off to start Apex, drawing support from dozens of parents who believed they had been wronged by the Timbers board. No eye contact at games. For more information, visit www.sheridancp.com. WebEuropa Sports Products is located in North Carolina . Click here to login, Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newsletters, Email (NOTE: Free email domains not supported). WebEuropa Sports Products Overview Work Here? /DA (/Helv 0 Tf 0 g ) /Font << Its not making sense to us., Massive sports complexes are latest front in war for visitors, dollars. Bilanski and several former Timbers staff members are also accused in a lawsuit of stealing the clubs trade secrets on their way out the door, according to court documents, altering records and transferring confidential personal information of thousands of players, including contact information, addresses and, in some cases, Social Security numbers while forming their own rival club in town. He eventually raced to his black pickup and headed to watch his son play for Summit, one of the local high schools where Timbers and Apex club players have come together to play for the fall. With 10 massive distribution centers and offices strategically located nationwide, Europa's expedited delivery process allows customers to keep "Just in Time" inventory. Lone Star is a national specialty distributor of sports nutrition and fitness products. If Tara or her directors and coaches wanted to run camps, they could have that profit line or moneys we usually spent to hire [outside companies]. 0000008819 00000 n After most of his team left for Apex, Ethan Wheeler began riding his bike every day to his school, Summit High, to practice. Bilanski and Davin declined to comment for this story through their attorneys. 0000001472 00000 n It's Monday through Friday, 11am to finish for the majority of shifts. However, today, we have launched a new and well-capitalized company directed by an incredibly strong c-level executive team. "If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11," 24 Hour Fitness CEO Tony Ueber said in a statement. With the successful national rollout of vaccinations and a renewed focus on nutrition and personal health, we believe ESP is positioned to perform at an exceedingly high level., Robbie Duncan said, It is great to work with the AFI team, especially given their track record in partnering with brands to significantly increase distribution and value over several of their prior investments. 0000004743 00000 n Menu options for Europa Sports Products Inc. VITAL PHARMACEUTICALS, INC., a Florida corporation, d/b/a VPX v. Europa Sports Partners, LLC, Vital Pharmaceuticals, Inc. v. Europa Sports Partners, LLC, Debernardis et al v. IQ Formulations, LLC et al. Try our Advanced Search for more refined results, Searching articles in Europa Sports Products Inc CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $40 million Deloitte >> 24 Hour Fitness filed for Chapter 11 bankruptcy in June, announcing at the time that it would permanently shutter 130 of its gym locations in the US. Certain services may not be available to attest clients under the rules and regulations of public accounting. /AcroForm << WebFast paced positive culture. The company said in a statement that it aims to use financial restructuring to "properly respond to the COVID-19 pandemic, with the long-term goal to emerge as a thriving powerhouse in the fitness industry.". The [youth sports] organizations financial maturity is not relative to the dollars flowing through them. /Linearized 1 For more information, visit www.investmentbanking.deloitte.com. Password (at least 8 characters required). About Deloitte Corporate Finance LLC Deloitte Corporate Finance LLC provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. endobj There was a significant void in the nutritional sports sector as a result of the financial impact of the pandemic. 0000004251 00000 n Brands listed failed to recover from temporary government-mandated closures to gyms and indoor fitness facilities earlier this year. See Terms of Use for more information. WebBiosteel Sports Nutrition; Black Market Labs; Blender Bottle; BSN; Bucked Up; Cellucor; Clean Beans; Clean Eatz; Controlled Labs; Core Nutritionals; Defiance Fuel; Eat Me Honda Goldwing, Valkyrie , VTX , and Yamaha Star Motorcycles a Web72355 EUROPA SPORTS PRODUCTS, LLC, 11401 H GRANITE STREET, ATLANTA, GA, 30384-7440US Mail (1st Class) FISHMAN JACKSON RONQUILLO PLLC, MARK H. This will be a huge advantage for our customers and the many markets that are looking to optimize their inventory by bridging science and nutrition," said Eric Hillman, Co-founder and Co-CEO of Europa Sports. In Virginia, an Ashburn woman pleaded guilty in January to stealing an unspecified amount of money from McLean Youth Football the organization dissolved at the time of the scheme in 2016 using funds for meals at restaurants, visits to a spa and pet care. Europa Sports has played an instrumental role in this revolution since 1990, educating the sports community and distributing evidence-based nutrition that can enable athletes to train harder and recover faster. This is just parent-adult stuff you guys just go play, said Hunt, the parent whose son now plays for Apex. Helping Europa and Lone Star find a strategic partnership aimed at advancing their position as a market leader in the nutritional and sports supplements space was a rewarding experience, said Lorin DeMordaunt, managing director and Consumer and Retail Group lead, Deloitte Corporate Finance LLC. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. Gold's Gym filed for Chapter 11 bankruptcy protection in May, shortly after the company announced it would shutter 30 locations that had been temporarily closed early on in the pandemic. 0000004009 00000 n Law360 provides the intelligence you need to remain an expert and beat the competition. << Europa services mass market retailers, gyms, health food stores, and specialty supplement retailers through seven distribution centers located in Charlotte, NC, Dallas, TX, Strongsville, OH, Fresno, CA, Windsor, CT, Orlando, FL, and Las Vegas, NV. CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $40 million senior secured credit facility for Europa Sports Products LLC.Europa Sports Products is an industry-leading distributor of nutritional and sports supplements, sports drinks and accessories to mass market retailers, gyms, health food stores, specialty supplement retailers, sporting goods stores and many other outlets. 0000064770 00000 n The ISSN is also recognized by many Universities as offering the latest, cutting edge and non-biased information about the scienceand application ofsports nutrition and supplements. I thought, its probably easier to go in somewhere thats been struggling or has gone through a period of turmoil and fix it than to go to a well-oiled machine, he said. Within months, another bombshell dropped: The club studied Bilanskis books and couldnt account for more than $80,000. 0000006272 00000 n It wasnt soccer first, he said. The tension is constantly coming up in conversation, but the Wheeler family has focused on Ethans future. Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. Board Memberships & Affiliations. He wanted to prove that he wasnt making a mistake by staying with the Timbers. Price also has been forced to navigate the drama of the lawsuits; while the board has filled him in on the proceedings, he rarely brings the case up. Contact Who is Europa Sports Partners Headquarters 11401 Granite St, Charlotte, North Carolina, 28273, United States The work is typical warehouse work, order pulling, packing etc. Win whats next. WebBusiness Profile Europa Sports Products Vitamins and Supplements Contact Information 11401 Granite St STE H Charlotte, NC 28273-6401 Visit Website (800) 447-4795 Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Sometimes he plays video games online with his former teammates and they will tell him he should come play for Apex. You have to know whats happening with clients, competitors, practice areas, and industries. 0000000012 00000 n Good to know, Bilanski responded. Our entire organization has rallied around ramping up procurement and operations to fulfill the pent-up demand we have across all of our distribution channels. We had those kind of increases and moneymaking abilities to draw her as a new hire. Shore said he was not familiar with Bilanskis more recent employment contracts with the Timbers. Their collective knowledge of the consumer industry and transactional experience in the nutritional supplements space were key to the process, said Jeff Compton, co-CEO of the newly combined company. When typing in this field, a list of search results will appear and be automatically updated as you type. Please visit europasports.com for additional detail. 0 %%EOF In Nebraska, the founder of the popular Omaha Sports Academy was accused of taking more than $400,000 last year and was sentenced to probation after pleading no contest to the charges this past summer. 73 0 obj Ethan said he is having the most fun playing soccer since joining the club six years ago. About Europa Sports Products, Inc. Europa is a national specialty distributor of sports nutrition and fitness products, including protein powders, nutrition bars, In Wisconsin, a former treasurer was charged with embezzling more than $84,000 from a basketball club over a seven-year span, allegedly spending more than $73,000 on retail items, meals at restaurants, airline tickets and mobile phone bills. Its a function of the growth of the industry, Carrozza said. >> Theres got to be some corrective damage done for someone doing that stuff, especially because its kids.. The Bend FC Timbers have counted more than 2,000 youth players among their ranks, many who pay as much as $1,600 in annual dues. WebThey need to let go of the ones who take advantage and go through the motions or they will be bankrupt very soon. Sponsorship opportunities have already changed college athletics. Some businesses are choosing to work with financial professionals, such as asset-based lenders, to improve their liquidity position for the short and long term. The rift in Bends soccer scene was just beginning. "While we achieved some success, in partnership with our landlords and vendors, it was not enough to avoid a bankruptcy filing amid an extremely challenging environment for retailers," CEO Mitchell Modell said in a statement, according to Bloomberg. In short order, the embezzlement allegations triggered a lawsuit that has divided a once-unified soccer community and launched investigations by the local district attorneys office and the states Justice Department. 25 YEARS IN BUSINESS (704) 405-2022 Visit Website Map & Directions 11401 Granite St Ste HCharlotte, NC 28273 Write a Review Is this your business? While lawyers for the Timbers contend that the embezzlement case has jeopardized the organizations status as a tax-exempt nonprofit, the club is still facing considerable debt to build new fields roughly $760,000, according to the clubs latest newsletter sent out to parents in September. Members of these organizations earn continuing education credits by attending ISSN Conferences and Symposia. Europa will look to the ISSN for the latest scientific research in the category to insure that its customers get the very best products. A joint venture advised by CIT Asset Management, it provides revolving and term loan commitments from $15 million to $150 million to companies across various industries and business cycles, and serves primarily as sole lender, agent, club participant or co-lender. The scandal has rocked Bends tightknit soccer community and has expanded beyond the accusation of embezzlement. Bilanski has not denied taking the money but says it was part of a profit-sharing agreement with the club. Please enable JavaScript to view the site. It tore the community apart, he said. Claim 4, 2016 Deloitte Corporate Finance LLC (DCF) acted as the exclusive financial advisor to Europa Sports Products, Inc. (Europa), a Charlotte-based wholesale distributor of sports and fitness supplements, in its merger with Lone Star Distribution (Lone Star), a portfolio company of Sheridan Capital Partners. 0000003152 00000 n There were all kinds of mudslinging that tore people apart.. These are the seven fitness and sporting goods companies that have filed for bankruptcy so far in 2020. The company's product portfolio includes protein powders, nutrition bars, sports drinks, sports performance supplements, vitamins and weight loss supplements. Theres one common theme in all of these cases, he said. 0000093001 00000 n Get 5 free searches. /T 287240 AFI Partners, LLC (AFI), a New York based private equity firm, is pleased to announce the formation of a new company, Europa Sports Partners, LLC (ESP). Clubs across many sports, including soccer, basketball and volleyball, rake in hundreds of thousands of dollars per year from registration fees, fundraisers, private Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. /Pages 66 0 R About Europa Sports Products, Inc.Europa is a national specialty distributor of sports nutrition and fitness products, including protein powders, nutrition bars, sports drinks, sports performance supplements, vitamins, weight loss supplements, and meal replacements. Here's a list of the fitness and sporting goods companies that have filed for bankruptcy in 2020. For more information, visit www.lonestardistribution.com. We try to force the issue and say hello, smile and say thank you for team dinners and such. For more information, visit www.europasports.com. xref CHARLOTTE, N.C., Oct. 12, 2017 /PRNewswire/ --Widely recognized as two of the world's leading organizations dedicated to science-based sports nutrition and distribution of top health and sports supplements, Europa Sports Products and the International Society of Sports Nutrition (ISSN) announced today the next step in their collaboration, making Europa Sports a professional member of the ISSN. 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Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. Deloitte Corporate Finance LLC (DCF), a broker-dealer registered with the US Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Based in Charlotte, NC, Europa Sports Products is recognized as an industry leader in the distribution of nutritional and sports supplements, sports drinks Get the full list, To view Europa Sports Productss complete investments history, request access, Morningstar Institutional Equity Research, Chief Financial Officer & Chief Administrative Officer. For more information, visit www.investmentbanking.deloitte.com. The largest youth soccer club in central Oregon, the Timbers date back several decades as an informal local club and officially became an incorporated organization in 2005. 0000007039 00000 n The transaction closed on Feb. 17, 2016. Further, we are optimistic as we launch new products and build new relationships across both domestic and international markets.. The fracture can especially be felt during the public-school season in the fall, when players from both clubs are forced to compete side by side and parents must sit next to one another in the stands. %PDF-1.5 Try our Advanced Search for more refined results, Searching cases in Europa Sports Products Inc
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