U.K. Elite Soccer, Inc. Announces Strategic Acquisition of PTUSA
July 10 2014 - 10:00AM
Business Wire
Acquisition of PTUSA enables U.K. Elite Soccer to expand its
national reach into Massachusetts
U.K. Elite Soccer, Inc., a portfolio company of Steel Sports,
Inc., today announced it has acquired PTUSA, a leading soccer
coaching education and services provider in Massachusetts. In
addition to established soccer camp and training programs, PTUSA’s
Coastal FC provides a platform for expansion into the year-round
competitive club soccer market.
Headquartered in Cedar Knolls, N.J., U.K. Elite Soccer is a
leading youth soccer coaching education and services provider
specializing in soccer camps, residential training weeks,
management of municipal organizations and club soccer programs, and
proprietary clubs across 22 states throughout the United
States.
Further, its two subsidiary groups, Global Team Events LLC and
FCUSA, specialize in international soccer tours, customized sports
marketing events, competitive club soccer and tournaments.
“Over the past 12 years, PTUSA has led the way in developing
positive training and playing experiences for thousands of players
and coaches in southeastern Massachusetts. We are immensely proud
of what PTUSA stands for, and U.K. Elite Soccer will help us
continue to influence even more young players throughout the
region. I feel that the timing of this acquisition is perfect, and
one that will benefit all of our existing players, families and
communities,” said Paul Turner, CEO of PTUSA.
U.K. Elite Soccer said this strategic acquisition will further
enhance its growing reputation as one of the most exciting national
coaching organizations in the United States. PTUSA will benefit
from the integration of quality coaches, managers, resources and
best practices from U.K. Elite Soccer’s methodology – which will
add further impetus and scale to U.K. Elite Soccer’s exciting
developments, including the launch of Global Team Events and
partnerships with Adidas and Soccer.com.
“We have personally known the owners of PTUSA for 12 years and
are confident that our shared core values and principles make this
a perfect fit for U.K. Elite Soccer. We believe that their passion
for soccer education will be a valuable component in establishing
U.K. Elite Soccer in Massachusetts,” said U.K. Elite Soccer CEO
Mick Smoothey.
U.K. Elite Soccer currently has approximately 50,000
participants annually – including 15,000 parent coaches – and
direct access to more than 80,000 separate families. PTUSA attracts
approximately 7,500 attendees annually in Massachusetts and Rhode
Island. With a combined 40+ years of experience, innovation and
leadership in youth soccer education, these industry pioneers will
now be working together to provide the best possible soccer
experience on and off the field for all of their combined players,
coaches and families. The new partnership solidifies U.K. Elite
Soccer’s position as one of the top youth soccer organizations in
the country with the largest product range within the industry.
About U.K. Elite Soccer
U.K. Elite Soccer, Inc., founded in 1992, is a private company
focused on providing a world-class youth soccer experience. U.K.
Elite Soccer offers individual and team soccer training, including
residential camps, club teams, international tours and club
services. Website: http://www.ukelite.com
Global Team Events is a subsidiary of U.K. Elite Soccer and an
industry leader in producing and hosting youth sporting events.
Since 2002, Global Team Events has successfully delivered memorable
sporting events, tours and tournaments for thousands of athletes
and provided corporate experiences through the medium of sport.
Website: http://www.globalteamevents.com
About PTUSA
PTUSA focuses on the youth soccer market with operations in
southeastern Massachusetts. PTUSA offers residential camps,
community camps, coastal football clubs and clinics for both
players and coaches. Website: http://www.ptusa.org
About Steel Sports
Founded in 2011, Steel Sports, Inc., a subsidiary of Steel
Excel, Inc. (SXCL:OTC), is dedicated to acquiring, building, and
strengthening a network of branded participatory and
experience-based businesses engaged in sports, training, education,
entertainment and consumer lifestyle.
The company seeks to invest in long-term strategic partnerships
in the sports, education and entertainment sectors. Through its
partnerships, Steel Sports looks to provide capital resources, as
well as infrastructure and financial support, while working with
management teams to enhance best practices and identify and explore
growth opportunities. Website: http://www.steel-sports.com
U.K. Elite Soccer, Inc.Mick Smoothey, CEO973-631-9802