The Sports Facilities Companies

Clearwater, FL

About The Sports Facilities Companies

Company overview

The Sports Facilities Companies is a full-service consulting, development, and operations firm focused on sports, recreation, fitness, events, and entertainment facilities. Services / Offerings Breakdown Planning & Advisory / Pre-development services: They provide market opportunity reports, recreation and tourism strategic planning, feasibility studies with 5-year financial forecasts, economic impact studies, public engagement, and facility operational assessments to help clients understand what to build, how large, and whether projects are viable. Facility Development & Design / Owner's Representation: Through their development arm (Sports Facilities Development, SFD), they offer design oversight, procurement, budget and materials selection, warranty compliance, and project management support during construction and commissioning. Operations & Management / Turnkey Management: SFC operates and manages existing or new facilities under a fee-for-service model. Their services include aquatics operations (lifeguard staffing, swim programming, concessions), recreation center operations, staffing and training during start-ups, and full operations consulting and optimization for sports tourism venues. Asset Optimization & Performance Review: They also conduct operational assessments for existing facilities, assessing performance against benchmarks, recommending expansions, reprogramming, or improvements. Strategic & Economic Impact Services: Their offering includes economic impact analyses (especially for sports tourism), funding strategies, stakeholder engagement, and strategic planning to tie community goals with facility development.

Keywords

Revenue

Revenue

EBITDA

EBITDA

Valuation

Valuation
Income Statement
Line Item20242023202220212020
Revenues$380 MM$250 MM$90 MM$120 MM$65 MM
Gross Profit$190 MM$125 MM$45 MM$60 MM$32.50 MM
Net Income (Loss)$43 MM$25 MM$9 MM$12 MM$6.50 MM
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Balance Sheet
Line Item20242023202220212020
Total Assets$850 MM$720 MM$680 MM$650 MM$600 MM
Total Liabilities$450 MM$400 MM$380 MM$350 MM$320 MM
Total Equity$400 MM$320 MM$300 MM$300 MM$280 MM
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Ratios

Revenue / EBITDA
123 MM
Valuation / Revenue
123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

Employee Figures

Employees

Key Executives

See All

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

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