Washington DC CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Capacity Sports Group Completes Acquisition of Philadelphia Sports Complexes
Indiana-based Capacity Sports Group has acquired two owned campuses in the greater Philadelphia region, totaling more than 300,000 square feet of indoor space and approximately 80 acres of outdoor fields.
United Sports in Downingtown, Pennsylvania, was founded in 1998 and is one of the largest indoor and outdoor multi-sport complexes in the Mid-Atlantic and Northeast, featuring 218,000 square feet of indoor space, 11 outdoor fields, and a 91,000-square-foot indoor turf facility. YSC Sports, located in Wayne and founded in 2008, is a 90,000-square-foot sports complex and player development hub serving more than 1,500 teams and 7,500 individual registrations annually.
Fortified Partners served as the exclusive financial advisor to United Sports, YSC Sports, Sideline Sports Solutions, and FFL on the sale. DLA Piper, Duane Morris LLP, and Fleck Eckert Klein McGarry served as legal counsel to the sellers. Ropes & Gray LLP served as legal counsel to Capacity Sports Group.