Friday, May 23, 2013: Cosmos Sports and The Sports Advisory Group are pleased to announce the signing of a strategic alliance agreement that will immediately create a North American leader in the sports franchise M&A Advisory business.
With Cosmos Sports as a leading edge sports marketing firm in Canada and The Sports Advisory Group as a pioneer and giant in sports M&A advisory in the United States, the union will offer a unique service to existing and prospective sports franchise owners either looking to purchase or invest in a franchise; or similarly those considering a sale.
“Until recently, contacting a league office was one of your only options in attempting to acquire a team. Now you have two firms teamed together, with significant transaction experience, who can provide the due diligence counsel and analysis, transactional information and market intelligence, and access to team owners needed to effectively pursue opportunities and across a wide range of sports, and their leagues. Today we have created a vehicle where Canadians and Americans can easily approach us to acquire, invest in or sell sports properties across our great continent. We are very excited to partner with Larry Grimes and the Sports Advisory Group. Their experience is unmatched.” said Cary Kaplan of Cosmos Sports.
“Over the past several years we have had several clients approach us about investing in Canadian sports franchises. Our relationship with Cosmos Sports is going to open doors that may previously have appeared closed while providing the regional expertise needed to evaluate a franchise opportunity”, said Grimes of the Sports Advisory Group. “In addition, we provide Cosmos Sports Canadian clients, an experienced team to work with to pursue opportunities here in the States. “
Headquartered outside Washington, D.C., the Sports Advisory Group www.thesportsadvisorygroup.com represents clients in the sale, acquisition, and investing in professional sports teams, at both the Minor and Major League levels. The Company is particularly active in baseball, hockey, the NBA D-League, football, and lacrosse. The Company is a subsidiary of W.B. Grimes & Company, a national media and entertainment M&A advisory firm established in 1959, whose accomplishments include the sale of over 1,500 media properties. The Company maintains offices in 12 markets around the U.S.
Cosmos Sportswww.cosmossports.com, with the ambition to ‘Win the Business’, has rapidly established itself as an international industry leader in several areas including: Team Training and Consulting, Franchise Brokerage, Career Management, Corporate Sponsorship, Ticket Sales, and Corporate Marketing/Branding. Cosmos Sports has personally consulted for and trained over 400 teams and leagues including the National Hockey League (NHL), Phoenix Suns and Houston Rockets (NBA), Chicago Cubs (MLB), Canadian Football League (CFL), National Lacrosse League (NLL), Calgary Flames, Edmonton Oilers, Ottawa Senators and Phoenix Coyotes (NHL).
For inquiries or more information clients can contact Cary Kaplan, President at Cosmos Sports, in Canada, (905) 564-4660, ext. 233 or Larry Grimes, President of the Sports Advisory Group, U.S. (301) 253-5016.