Europa Sports Partners corporate office is located in 11401 Granite St, Charlotte, North Carolina, 28273, United States and has 297 employees. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. CHARLOTTE, N.C., March 4, 2016 /PRNewswire/ --Deloitte Corporate Finance LLC (DCF) acted as the exclusive financial advisor to Europa Sports Products, Inc. (Europa), a Charlotte-based wholesale distributor of sports and fitness supplements, in its merger with Lone Star Distribution (Lone Star), a portfolio company of Sheridan Capital Partners. Use tab to navigate through the menu items. Sometimes Wheeler will see his old friends at school and wont know what to say. 0000003742 00000 n Youth sports in recent years have exploded into a $19 billion enterprise, by some accounts, but their ecosystem is built on a shaky foundation of nonprofit clubs, many run by volunteers. Their collective knowledge of the consumer industry and transactional experience in the nutritional supplements space were key to the process, said Jeff Compton, co-CEO of the newly combined company. Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member ofFINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. WebEuropa Sports Products Health & Diet Food Products, Health & Diet Food Products-Wholesale & Manufacturers, Vitamins & Food Supplements Be the first to review! I saw that youth sports had become such a massive industry. In June, while still employed by the Timbers, one of the clubs coaches, John OSullivan, allegedly began circulating a detailed plan to form a rival club. 0000005315 00000 n If [the Bend Timbers board doesnt] give up we will start a new club, take a crap ton of kids and bankrupt them, the former Timbers treasurer wrote in a text that was included in court filings. 73 0 obj Wayne Price kept a close eye on the action, taking a few of the 20 or so calls he receives each day as the new director of the Timbers. Its not making sense to us., Massive sports complexes are latest front in war for visitors, dollars. /PageMode /UseNone PLEASE NOTE: A verification email will be sent to your address before you can access your trial. "Europa is pleased to partner with the ISSN as a professional level member. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. Jeff Compton Work Experience and Education . Clubs across many sports, including soccer, basketball and volleyball, rake in hundreds of thousands of dollars per year from registration fees, fundraisers, private training and camps, but checks and balances on the flow of that money are often absent. "We are pleased to work with the company to arrange this asset-based financing that meets their needs and supports their business strategy. Antonio, AFI Managing Partner, said, We are extremely excited about our new platform investment. For more information visit www.issn.net. In short order, the embezzlement allegations triggered a lawsuit that has divided a once-unified soccer community and launched investigations by the local district attorneys office and the states Justice Department. Already a subscriber? I took a free trial but didn't get a verification email. Read more: The virtual at-home fitness boom is here to stay and will usher in a new era of exercising that will last long after the pandemic subsides, experts say. The tension is constantly coming up in conversation, but the Wheeler family has focused on Ethans future. If she did indeed pocket the money God, thats so wrong on so many levels. 0000005429 00000 n His home has also been targeted because his mother is the former board president, according to court records. WebBusiness Profile Europa Sports Products Vitamins and Supplements Contact Information 11401 Granite St STE H Charlotte, NC 28273-6401 Visit Website (800) 447-4795 71 36 Bilanski and several former Timbers staff members are also accused in a lawsuit of stealing the clubs trade secrets on their way out the door, according to court documents, altering records and transferring confidential personal information of thousands of players, including contact information, addresses and, in some cases, Social Security numbers while forming their own rival club in town. All rights reserved. Bilanski and several former employees downloaded over 7,000 documents and edited, shared or deleted hundreds of documents from the Timbers Google Workspace IT systems in the 11 days after Bilanski was fired, according to the lawsuit; when the administrator told Davin she was removing certain files, Davin allegedly responded: Delete f---ing away.. Menu options for Europa Sports Products Inc. Energy Drink Maker Says Monster Launched Smear Campaign, Co. Password (at least 8 characters required). /Font << The work is typical warehouse work, order pulling, packing etc. trailer Get 5 free searches. endobj Europa is setting the industry standard in quality, product assortment, customer service and satisfaction. Please seewww.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. /Root 72 0 R In Wisconsin, a former treasurer was charged with embezzling more than $84,000 from a basketball club over a seven-year span, allegedly spending more than $73,000 on retail items, meals at restaurants, airline tickets and mobile phone bills. Modell's Sporting Goods was among the first retailers to file for bankruptcy when it announced in March that it would permanently close and liquidate all of its stores. Bilanski and Davin declined to comment for this story through their attorneys. xAa,hN!dH"0K)V%( [`X:Q^j7r{8!`JoX2". Very little interaction. In Nebraska, the founder of the popular Omaha Sports Academy was accused of taking more than $400,000 last year and was sentenced to probation after pleading no contest to the charges this past summer. 0000023549 00000 n Click here to login, Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newsletters, Email (NOTE: Free email domains not supported). 0000004251 00000 n The ISSN is the world's leading academic organization dedicated to the science of sports nutrition and supplements. About Deloitte Corporate Finance LLC Deloitte Corporate Finance LLC provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. Board Memberships & Affiliations. 0000001719 00000 n Please see our Privacy Policy. "While we achieved some success, in partnership with our landlords and vendors, it was not enough to avoid a bankruptcy filing amid an extremely challenging environment for retailers," CEO Mitchell Modell said in a statement, according to Bloomberg. "The Deloitte Corporate Finance team was instrumental in helping us navigate a mutually exciting transaction with Lone Star and Sheridan Capital Partners. In late August, days after Bilanski had been fired, the administrator allegedly realized that the Timbers Google Drive was recording a log of all activity. /ABCpdf 6109 In Bend, an idyllic former mill town nestled in the shadow of the Cascade Mountain range and known as a playground for outdoor enthusiasts, the soccer club has traditionally been a pillar of the community, a rallying point for neighbors who sip coffee together on the sidelines and organize carpools to after-school practices. The lawsuit includes texts between Bilanski and Davin that mocked co-workers and also included vitriol for Hart, who served on the volunteer board for three years and whose 15-year-old son, Ethan Wheeler, is a rising star within the Timbers program. << NEW YORK, July 15, 2020 / PRNewswire / -- CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $40 million senior secured credit facility for Europa Sports Products LLC. "CIT Northbridge Credit is a trusted financial partner supporting middle-market companies with a broad range of flexible asset-based debt solutions. 0000003645 00000 n I hear from parents, you know, severed relationships of a decade or more. This is a profile preview from the PitchBook Platform. Equipment Finance Advisor, Inc. All rights reserved. While it is impossible to know whether embezzlement is on the rise in youth sports there is no centralized body tracking cases in the industry it has been a pervasive problem for years, said Erik Carrozza, who served for more than a decade as a youth sports treasurer in suburban Philadelphia and started a nonprofit called the Center for Fraud Prevention to help organizations avoid embezzlement. Workload is absolutely not compensated for and management plays a huge role in that. WebScott has over 40 years experience repairing and servicing Honda products, ATVs, Motorcycles. For more information, visit www.europasports.com. Theres often no governance of youth sports organizations not from parents, sponsors or local governments and most embezzlement cases involve treasurers or volunteer board members who have been trusted with an organizations funds, with little to no checks and balances on how budgets are operated. Visit Business Insider Premium for more stories about the changing face of fitness. Daily and real-time news and case alerts on organizations, industries, and customized search queries. It's Monday through Friday, 11am to finish for the majority of shifts. Selling Adulterated Weight Loss Supplements, Buyers Say, Nutrex, Supplement Co. Strike Deal In False Ad Suit. 0000002931 00000 n Top editors give you the stories you want delivered right to your inbox each weekday. For more information, visit www.investmentbanking.deloitte.com. Certain services may not be available to attest clients under the rules and regulations of public accounting. 0000007039 00000 n With a mutual focus on the advancement of science and research, the membership will further fuel Europa's ability to deliver evidence-based sports nutrition supplements across its nationwide distribution network. Town Sports International the parent company of New York Sports Clubs and Boston Sports Clubs, among a number of other fitness chains filed for Chapter 11 bankruptcy on September 14, citing pandemic-related difficulties. 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A handful of coaches and roughly 120 players from the Timbers left last year to join Bilanskis new organization, Apex Futbol Club, cleaving the towns soccer community in half. /Linearized 1 YogaWorks. F--- these guys, he wrote in a text message cited in court records. WebWelcome to Europa Sports Partners Based in Charlotte, North Carolina, were the nations industry-leading distributor of nutritional and sports supplements, sports drinks and Bilanski, 49, still has plenty of community support, and this past summer she filed a defamation suit against the Timbers, seeking $5.1 million from the club and former board president Michelle Hart. Vitamins, Supplements & Health Stores Retail . Try our Advanced Search for more refined results, Searching articles in Europa Sports Products Inc /Length 0 The Company offers amino acids, bars, clothes, club accessories, cognitive products, creatine, dietary About Sheridan Capital Partners Sheridan Capital Partners focuses on providing private equity in support of leveraged buyouts, growth recapitalizations, and large minority financings of lower middle market companies across the healthcare and consumer sectors. Lone Star operates six distribution centers located nationwide and is a portfolio company of Sheridan Capital Partners, a Chicago-based lower middle-market private equity firm. Members of these organizations earn continuing education credits by attending ISSN Conferences and Symposia. 0000000012 00000 n After most of his team left for Apex, Ethan Wheeler began riding his bike every day to his school, Summit High, to practice. Win whats next. Directory, Extended Site /ID [ <958DB2D77671C4A96F5CA912B922465B> WebBiosteel Sports Nutrition; Black Market Labs; Blender Bottle; BSN; Bucked Up; Cellucor; Clean Beans; Clean Eatz; Controlled Labs; Core Nutritionals; Defiance Fuel; Eat Me USA Rugby. About Europa Sports Products, Inc. Europa is a national specialty distributor of sports nutrition and fitness products, including protein powders, nutrition bars, The coronavirus outbreak has wreaked havoc on nearly every sector of the retail industry including fitness and sporting goods. According to the Timbers board of directors, the laptop contained evidence of financial impropriety; Bilanski had allegedly directed several unauthorized payments totaling $80,684 to herself over a six-year period and, in turn, had paid a portion of the funds to another former Timbers employee, Jen Davin. View Jeff Compton's full profile. Please visit europasports.com for additional detail. Logo - http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a, Cision Distribution 888-776-0942 Some businesses are choosing to work with financial professionals, such as asset-based lenders, to improve their liquidity position for the short and long term. About Lone Star Distribution In Virginia, an Ashburn woman pleaded guilty in January to stealing an unspecified amount of money from McLean Youth Football the organization dissolved at the time of the scheme in 2016 using funds for meals at restaurants, visits to a spa and pet care. In a deposition with attorneys for the Timbers, Bilanski invoked her Fifth Amendment right more than 340 times. Law360 may contact you in your professional capacity with information about our other products, services and events that we believe may be of interest.Youll be able to update your communication preferences via the unsubscribe link provided within our communications.We take your privacy seriously. Based in Charlotte, NC, Europa Sports Products is recognized as an industry leader in the distribution of nutritional and sports supplements, sports drinks Discover more about Europa Sports Partners. x. Password (at least 8 characters required). %%EOF ESP will serve as a key conduit for our brand partners who are challenged to adequately reach the 15,000 customer doors that we will service in support of their end consumers. as well as other partner offers and accept our, J. Conrad Williams Jr./Newsday via Getty Images. Bed Bath and Beyond has one Central Oregon location, inside the Cascade Village WebEuropa Sports Products, Inc. distributes health and sports supplements. A surveillance camera set up in front of the familys house captured someone driving by and yelling, F--- you!, Its affected us, Ethan said. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security. << Thats what was really the lesson learned is that you cant trust one guy with the keys to the kingdom, Swingler said.
