Entertainment
WhiteHawk Capital Partners Provides Arizona Athletic Fields Credit Facility
LOS ANGELES–(BUSINESS WIRE)–June 25, 2024–
WhiteHawk Capital Partners, LP (“WhiteHawk”), a Los Angeles-based private credit investment manager focused on asset-based financing solutions, announced that it has entered into a $20 million credit facility for of Arizona Athletic Grounds (AAG), the premier youth club in the United States. sports and entertainment facility located in Mesa, Arizona. The funding will allow AAG to further expand the products and services offered to athletes and sports enthusiasts of all ages.
Arizona Athletic Grounds is a multi-purpose sports and entertainment complex with a 280-acre facility that provides its users with access to over 150 playing surfaces, including 57 volleyball courts (indoor and outdoor), 41 pickleball courts, 24 soccer/multi-purpose fields (grass and synthetic cork turf), 16 basketball courts, 8 baseball/softball fields, 6 indoor soccer fields, and numerous other areas for cheer, dance, football, lacrosse, and other sports. AAG hosts a mix of practices, scrimmages, camps, games, and tournaments in various sport categories. It is one of the largest youth sports facilities in North America.
AAG is pleased to partner with WhiteHawk on this investment to accelerate our growth plans, focused on continually improving the customer experience. The WhiteHawks' investment experience and expertise align well with that of the AAG organization, said Mike Burke, president of Arizona Athletic Grounds.
“We are excited to partner with AAG on this transaction and excited to support the growth plans for this impressive sports and entertainment facility,” said Brad Huge, Managing Director of WhiteHawk.
About WhiteHawk:
WhiteHawk Capital Partners, LP is a private credit investment manager focused on asset-based financing solutions primarily serving middle-market private and public companies across various industries. WhiteHawk provides senior secured financing under a myriad of structures for refinancing, recapitalization, growth, acquisition, restructuring, transition and DIP/emergence purposes. For more information, visit www.whitehawkcapital.com.
About Arizona Athletic Grounds:
AAG is one of the largest youth sports and entertainment facilities in North America. The Mesa, Arizona facility welcomes millions of visitors each year and features a lineup of sporting and special events. Stay up to date with all AAG events by following @AZgrounds on all social platforms. For inquiries regarding rentals, partnership opportunities or event programming at AAG, please visit our new landing pages at www.azgrounds.com or contact the AAG team directly at [email protected].
View the source version on businesswire.com:https://www.businesswire.com/news/home/20240625054925/en/
CONTACT: For all inquiries to WhiteHawk: [email protected]
For all media inquiries at AAG: Elana Weiss (The Rose Group)[email protected]
KEYWORD: CALIFORNIA ARIZONA UNITED STATES NORTH AMERICA
KEYWORD INDUSTRY: PROFESSIONAL SERVICES ENTERTAINMENT SPORT ENTERTAINMENT GENERAL FINANCE SPORT GENERAL
SOURCE: WhiteHawk Capital Partners, LP
Copyright Business Wire 2024.
PUB: 06/25/2024 7:24 p.m./DISC: 06/25/2024 7:25 p.m.
http://www.businesswire.com/news/home/20240625054925/en
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