WhiteHawk Capital Partners Provides Credit Facility to Arizona Athletic Grounds
June 25 2024 - 7:24PM
Business Wire
WhiteHawk Capital Partners, LP ("WhiteHawk"), a Los
Angeles-based private credit investment manager focused on
asset-based financing solutions, announced it has entered into a
$20 million credit facility to Arizona Athletic Grounds (“AAG”),
the USA’s premier youth sports and entertainment facility located
in Mesa, Arizona. The financing will enable AAG to further expand
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 giving its users
access to over 150 playing surfaces including 57 volleyball courts
(indoor and outdoor), 41 pickleball courts, 24 soccer/multipurpose
fields (grass and synthetic cork turf), 16 basketball courts, 8
baseball/softball fields, 6 indoor soccer courts, and many other
areas for cheer, dance, football, lacrosse, and other sports. AAG
hosts a mix of practices, scrimmages, camps, matches, and
tournaments across different athletic categories, it is one of the
largest youth-oriented sports facilities in North America.
“AAG is pleased to partner with WhiteHawk on this investment to
accelerate our growth plans, focused on further enhancing the guest
experience. WhiteHawk’s investment experience and expertise match
well with the AAG organization,” said Mike Burke, President of
Arizona Athletic Grounds.
“We are thrilled to partner with AAG on this transaction and
pleased to support the growth plans at this impressive sports and
entertainment facility,” said Brad Huge, WhiteHawk Managing
Director.
About WhiteHawk:
WhiteHawk Capital Partners, LP is a private credit investment
manager focused on asset-based financing solutions primarily for
middle-market private and public companies across a variety of
industries. WhiteHawk provides senior secured financings under a
myriad of structures for purposes of refinancing, recapitalization,
growth, acquisition, restructuring, bridge, and DIP/emergence. For
more information visit www.whitehawkcapital.com.
About Arizona Athletic Grounds:
AAG is one of the largest youth-oriented sports and
entertainment facilities in North America. The Mesa, Arizona
facility serves millions of visitors per year, providing athletic
and special events programming. Stay up to date on 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 info@azgrounds.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240625054925/en/
For all inquiries at WhiteHawk: info@whitehawkcapital.com For
all media inquiries at AAG: Elana Weiss (The Rose Group)
elana@therosegrp.com