DENVER, June 24,
2024 /PRNewswire/ -- Unrivaled Sports, a leader in
world-class youth and recreational sports experiences, announced
today that it has made a strategic investment in SNÖBAHN, the
nation's premier indoor action sports center with two locations in
Colorado. Additionally, the
company announced a strategic investment in its action sports
division by Ares Management funds. Ares' investment enhances a team
that includes snowboarding legend Shaun
White, The Chernin Group (TCG), and Unrivaled Sports
co-founders Josh Harris and
David Blitzer.
Unrivaled Sports is committed to expanding SNÖBAHN into new
markets, making action and snow sports more accessible to a wider
audience in the years ahead. Founded in 2016, SNÖBAHN's
state-of-the-art facilities are the most efficient, effective, and
affordable way to learn or advance skills in skiing, snowboarding,
skateboarding, and BMX. SNÖBAHN eliminates the geographical
barriers traditionally associated with learning snow sports through
features like revolving slopes and trampoline freestyle areas.
"SNÖBAHN is revolutionizing how young athletes engage with
action sports year-round," said White. "This investment isn't about
adding facilities; it's about breaking down the barriers to these
sports, wherever you are located. It's about cultivating passion
and skill in a whole new generation of athletes."
Bode Miller, an Olympic and World
Championship gold medalist in alpine skiing, is an existing partner
of SNÖBAHN. Miller was part of the grand opening ceremonies that
took place at SNÖBAHN's newest location in Thornton, Colo., in March 2024.
"SNÖBAHN represents a scalable platform that's primed to grow
participation in snowboarding, skiing, skateboarding, and other
action sports," said Tory Palmer,
Partner at Unrivaled Sports. "With SNÖBAHN's curriculum,
Shaun White and Bode Miller's influential reach, and the market
leadership of Ares and Unrivaled, we are excited to propel this
innovative training experience into non-mountainous regions
nationwide."
SNÖBAHN adds to Unrivaled Sports' growing portfolio in the
action sports domain. We Are Camp, the parent company of Seek
Skateboard Camp, Windells SkiCamp, Milepost 35 Mountain Bike Camp,
and High Cascade Snowboard Camp, has been instrumental in shaping
the careers of numerous elite athletes, including Canadian
freestyle skier Alex
Beaulieu-Marchand and American freestyle skier Nick Goepper.
"SNÖBAHN and We Are Camp represent the pinnacle of innovation in
training and development," said Jim
Miller, Co-Head of Ares' Sports, Media and Entertainment
Strategy and U.S. Direct Lending. "Our investment with Unrivaled
Sports aligns with our commitment to investing in companies that
enrich communities and inspire the next wave of athletes."
"Through our successful We Are Camp properties and now SNÖBAHN,
athletes love the unique experiences they encounter, which enhance
their skills and deepen their passion for action sports," said
Kevin English, CEO of Unrivaled
Sports' Action Sports division. "This partnership is about
successfully introducing action sports to more people through
SNÖBAHN's professional instructors, urban-centric facilities, and
Unrivaled's larger partner and resource base. And once engaged as
action sports participants, SNÖBAHN will serve as a critical
training for aspiring athletes nationwide, ensuring they have the
support and resources to excel.
"At SNÖBAHN, our mission has always been to offer a distinctive
and effective training experience that transcends traditional
limitations of action sports," said Sadler
Merrill, founder of SNÖBAHN. "Collaborating with
Shaun White and Ares Management
amplifies our capacity to empower more athletes and extend our
innovative approach here in Colorado and beyond. This partnership marks a
new chapter in our journey to make elite training accessible to
everyone."
SNÖBAHN is currently holding its annual summer camps each week
through mid-August. Spots are still available at both Colorado locations for the 2024 season.
Parents can learn more about the camps at snobahn.com.
About Unrivaled Sports
Founded by Josh Harris and
David Blitzer, with a significant
strategic investment by The Chernin Group (TCG), Unrivaled Sports
oversees a diverse portfolio of youth sports properties across
Baseball, Softball, Football, and Action Sports. In partnership
with Hall of Famer Cal Ripken, Jr.,
Unrivaled Sports' Baseball & Softball division includes Ripken
Baseball®, Cooperstown All Star Village, Sports Force Parks™,
Baseball Factory™, Softball Factory™, Diamond Nation, and the All-Ripken Games. In
partnership with 5-time Olympian Shaun White and Ares Management,
the Action Sports division includes SNÖBAHN and the following We
Are Camp properties: High Cascade Snowboard Camp, Windells Ski
Camp, Seek Skateboard Camp, and Milepost 35 Mountain Bike Camp. The
Flag Football division includes the ForeverLawn Sports Complex at
the Pro Football Hall of Fame Village and Under the Lights.
Unrivaled Sports also owns YTH Sports, operators of Soccer Youth.
All of its properties are committed to providing young athletes
with world-class experiences, development opportunities, and
platforms to excel. Learn more at playunrivaled.com.
About SNÖBAHN
SNÖBAHN is a pioneering Colorado-based company dedicated to
revolutionizing training for action sports. With state-of-the-art
facilities in Colorado, SNÖBAHN
offers year-round, indoor training for skiing, snowboarding,
skateboarding, and BMX. Its unique approach provides accelerated
learning experiences in a safe and affordable environment, making
action sports accessible to a broader audience. Each SNÖBAHN center
features advanced equipment and facilities, including revolving
slopes and dedicated areas for freestyle and big air jumps. By
fostering community partnerships and providing exceptional
training, SNÖBAHN is committed to growing the action sports
community and supporting the development of future athletes. For
more information, visit https://snobahn.com/.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global
alternative investment manager offering clients complementary
primary and secondary investment solutions across the credit, real
estate, private equity and infrastructure asset classes. We seek to
provide flexible capital to support businesses and create value for
our stakeholders and within our communities. By collaborating
across our investment groups, we aim to generate consistent and
attractive investment returns throughout market cycles. As of
March 31, 2024, Ares Management
Corporation's global platform had approximately $428 billion of assets under management with
approximately 2,900 employees operating across North America, Europe, Asia
Pacific and the Middle
East. For more information, please
visit www.aresmgmt.com.
Press Contact:
Eric Nemeth
602-502-2793
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SOURCE Unrivaled Sports