trailer With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. After 13 years coaching in the New Jersey youth club scene, he grew wary there because much of the industry in that state is moving to a for-profit model. In the past few months alone, reports of alleged financial misconduct and convictions of embezzlement have been reported across the country, underscoring a long-standing issue within the industry. The s--- that I can see on the google admin is crazy. Law360 provides the intelligence you need to remain an expert and beat the competition. << View Jeff Compton's full profile. "Europa is pleased to partner with the ISSN as a professional level member. This has put me back in an environment where I can really affect what is going on out there on the green., Legal and regulated in some states and banned in others, youth MMA is growing in popularity. WebEuropa Sports Products is located in North Carolina . He wasnt going to stop leading the basketball team he loved. Our people and our culture make Deloitte a place where leaders thrive. Attorneys for the Timbers claim in filings that the clubs administrator even worked as a double agent to maintain access to the clubs computer systems and help the group delete, share and edit documents in an effort to form a new club. 0000003152 00000 n Brands listed failed to recover from temporary government-mandated closures to gyms and indoor fitness facilities earlier this year. 0000004943 00000 n 0000064770 00000 n Please visit europasports.com for additional detail. 0000003460 00000 n WebEuropa Sports Products is located in North Carolina . His transaction experience includes sell-side, b More. << Very little interaction. /T 287240 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. Certain services may not be available to attest clients under the rules and regulations of public accounting. 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. 0000005855 00000 n The scandal has rocked Bends tightknit soccer community and has expanded beyond the accusation of embezzlement. However, today, we have launched a new and well-capitalized company directed by an incredibly strong c-level executive team. She handed over her Timbers-issued laptop. Jeff Compton Work Experience and Education . Please see our Privacy Policy. Europa Sports This will be a huge advantage for our customers and the many markets that are looking to optimize their inventory by bridging science and nutrition," said Eric Hillman, Co-founder and Co-CEO of Europa Sports. The largest youth soccer club in central Oregon, the Timbers date back several decades as an informal local club and officially became an incorporated organization in 2005. 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, https://www.gettyimages.com/detail/news-photo/james-valenti-miss-new-jersey-teen-usa-2014-valentina-news-photo/478920859?adppopup=true, close all of its New York City studios in April, Eugene Gologursky/Getty Images for Flywheel, John Nacion/SOPA Images/LightRocket via Getty Images. Selling Adulterated Weight Loss Supplements, Buyers Say, Nutrex, Supplement Co. Strike Deal In False Ad Suit. Its not making sense to us., Massive sports complexes are latest front in war for visitors, dollars. CHARLOTTE, N.C., Oct. 12, 2017 /PRNewswire/ --Widely recognized as two of the world's leading organizations dedicated to science-based sports nutrition and distribution of top health and sports supplements, Europa Sports Products and the International Society of Sports Nutrition (ISSN) announced today the next step in their collaboration, making Europa Sports a professional member of the ISSN. For more information, visit www.sheridancp.com. Its draining the club, said Andy Fecteau, a Bend physical therapist whose three children competed for the Timbers and whose family used to be close with Bilanski. It is classified as operating in the EUROPA SPORTS PARTNERS LLC. Revenue, Growth The culprit, they determined, was Bilanski and another former Timbers employee. I saw that youth sports had become such a massive industry. No eye contact at games. WebIn the bankruptcy filing, the retailer said it anticipates closing all of its stores by June 30. Clubs across many sports, including soccer, basketball and volleyball, rake in hundreds of thousands of dollars per year from registration fees, fundraisers, private When typing in this field, a list of search results will appear and be automatically updated as you type. /Fields [ ] Certain services may not be available to attest clients under the rules and regulations of public accounting. /O 74 Contact Who is Europa Sports Partners Headquarters 11401 Granite St, Charlotte, North Carolina, 28273, United States CHARLOTTE, N.C., Mar. I hear from parents, you know, severed relationships of a decade or more. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. Menu options for Europa Sports Products Inc. Energy Drink Maker Says Monster Launched Smear Campaign, Co. Robbie Duncan will serve as ESPs new Chief Executive Officer and Tony Todaro as its new Chief Financial and Administrative Officer. europa sports products inc europa sports products europa sports products llc europa europa inc sports products inc Europa Sports Partners Global Presence Search All Employees 25 YEARS IN BUSINESS (704) 405-2022 Visit Website Map & Directions 11401 Granite St Ste HCharlotte, NC 28273 Write a Review Is this your business? The ISSN conferences, tutorials, lectures and courses have been recognized by the American Dietetic Association, National Strength and Conditioning Association, American College of Sports Medicine, American Council on Exercise, American Physical Therapy Association, National Association of Athletic Trainers and other organizations as well. /E 105059 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. Europa Sports Products 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. Prior to joining DCF, James served as a vice president at McColl Partners, LLC. Thats what was really the lesson learned is that you cant trust one guy with the keys to the kingdom, Swingler said. Visit Business Insider Premium for more stories about the changing face of fitness. WebFast paced positive culture. It was kind of sad, Wheeler said. 0000020518 00000 n I think people have stood by her and feel very strongly in support of her, said Paige Hunt, a Bend resident whose son, Jake, left the Timbers to play for Apex last year. 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. Bed Bath and Beyond has one Central Oregon location, inside the Cascade Village In Michigan, an employee of a Flint-area wrestling club set the organization back after being accused of stealing more than $20,000. 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. Europa Sports Partners - Overview, News & Competitors I think its really shattered a lot of longtime parental relationships. So, yes, it was in her contract, Shore said. Access your favorite topics in a personalized feed while you're on the go. For more information, visit www.investmentbanking.deloitte.com. 0000003742 00000 n Menu options for Europa Sports Products Inc. VITAL PHARMACEUTICALS, INC., a Florida corporation, d/b/a VPX v. Europa Sports Partners, LLC, Vital Pharmaceuticals, Inc. v. Europa Sports Partners, LLC, Debernardis et al v. IQ Formulations, LLC et al. And the kids are caught in the middle of it.. For more information visit www.europasports.com. There were hard lessons learned in Hanover, Pa., when a former treasurer stole nearly $630,000 from Hanover Soccer Club and the South Western Youth Lacrosse organization over a six-year period. The [youth sports] organizations financial maturity is not relative to the dollars flowing through them. AFI PARTNERS COMPLETES ACQUISITION OF WATERLOO INDUSTRIES, INC. ALVOGEN PARTNERS WITH ROBERT WESSMAN TO BUILD A LEADING INTERNATIONAL GENERICS COMPANY, NORWICH PHARMACEUTICALS PURCHASED BY AFI PARTNERS, 158 Mercer Street; 2nd Floor; NY, NY 10012, contactny@afipartners.com | 212-938-0016. The number of bankruptcy declarations increased during all four quarters of 2022. For more information visit www.issn.net. Morris, Mich.; and a soccer and lacrosse club Hanover, Pa. /H [ 1719 306 ] Sometimes he plays video games online with his former teammates and they will tell him he should come play for Apex. Get an inside look at the rich diversity of background, education and experiences of our people. Europa Sports Products Becomes a Professional Level Member /Linearized 1 "With that said, we intend to use the process to strengthen the future of 24 Hour Fitness for our team and club members, as well as our stakeholders.". About Europa Sports Products, Inc.Europa is a national specialty distributor of sports nutrition and fitness products, including protein powders, nutrition bars, sports drinks, sports performance supplements, vitamins, weight loss supplements, and meal replacements. /Helv 68 0 R 0000008819 00000 n Equipment Finance Advisor, Inc. All rights reserved. AFI PARTNERS FORMS EUROPA SPORTS PARTNERS On May 20, 2021, AFI and its affiliates acquired certain of the operating assets, including the brand names and website, of Europa Sports Products, LLC (Products). 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. E.J. These 7 Fitness Companies Have Filed for Bankruptcy + 1 212 492 4484, Based in Charlotte, Lorin is a managing director with Deloitte Corporate Finance LLC (DCF). Europa Sports has played an instrumental role in this revolution since 1990, educating the sports community and distributing evidence-based nutrition that can enable athletes to train harder and recover faster. Industry. 4, 2016 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. Lone Star is a national specialty distributor of sports nutrition and fitness products. This is a profile preview from the PitchBook Platform. The laptop was sent to a data forensics examiner in Portland. But theres that divide.. DCF advises Europa Sports Products, Inc., in merger bankruptcies Serving Asset-Based Lending Decision Makers. 0000002931 00000 n Europa services mass market retailers, gyms, health food stores and specialty supplement retailers through seven distribution centers located in Charlotte, NC, Dallas, TX, Strongsville, OH, Fresno, CA, Windsor, CT, Orlando, FL, and Las Vegas, NV. /Prev 287229 But I also will not give them full admin access for a long long time.. The Europa and Lone Star teams have worked diligently to build companies that have established themselves as trusted resources within the health and wellness industry. They just left.. Distributor of nutritional and sports supplements, sports drinks and accessories intended for mass market retailers, gyms, box owners, health food stores and specialty supplement retailers. Company News. Discover more about Europa Sports Partners. 0000009152 00000 n /Length 0 Europa Sports Products Workload is absolutely not compensated for and management plays a huge role in that. /PageMode /UseNone 2023, Portfolio Media, Inc. | About | Contact Us | Legal Jobs | Advertise with Law360 | Careers at Law360 | Terms | Privacy Policy | Cookie Settings | Help | Site Map. Please enable JavaScript to view the site. They operate as big businesses but have sloppy accounting and murky financial oversight. I lost most of my friends I had been playing with since kindergarten. He warned her of the ongoing lawsuits but opted to not interfere with her choice. From pre-workout to recovery, the science of sports nutrition has changed the game for athletes, trainers, and coaches. There was a significant void in the nutritional sports sector as a result of the financial impact of the pandemic. /Outlines 65 0 R /Length 212 Friday, November 13, 2020. When it comes to The coronavirus outbreak has wreaked havoc on nearly every sector of the retail industry including fitness and sporting goods. Get 5 free searches. /Type /XRef This is just parent-adult stuff you guys just go play, said Hunt, the parent whose son now plays for Apex. At subsequent practices, Wheeler could hear his teammates whisper that he didnt deserve to be on the team because his mother was on the board, he said in an interview. By last fall, as Bilanski and the group of Timbers staffers and coaches were hit with the lawsuit, they peeled off to start Apex, drawing support from dozens of parents who believed they had been wronged by the Timbers board. Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. In the legal profession, information is the key to success. 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. 0000008493 00000 n Helping Europa and Lone Star find a strategic partnership aimed at advancing their position as a market leader in the nutritional and sports supplements space was a rewarding experience," said Lorin DeMordaunt, managing director and consumer and retail group lead, Deloitte Corporate Finance LLC. The company's product portfolio includes protein powders, nutrition bars, sports drinks, sports performance supplements, vitamins and weight loss supplements. Bilanski and the other defendants in the case have sought a stay in the civil case. Please see our Privacy Policy. 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.. With the successful national rollout of vaccinations and a renewed focus on nutrition and personal health, we believe ESP is positioned to perform at an exceedingly high level., Robbie Duncan said, It is great to work with the AFI team, especially given their track record in partnering with brands to significantly increase distribution and value over several of their prior investments. 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). 0000006272 00000 n 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. 0000093001 00000 n >> For more information, visit www.investmentbanking.deloitte.com. 2023. Bend is not the only community to wrestle with accusations of embezzlement within its youth sports ranks in recent years. There is plenty of work to do off it. Ryan Shore, the board president who hired Bilanski as the Timbers technical director in 2013, said in an interview that the club had outsourced companies to run camps for years. WebContact Us Regarding Your Company Profile All Companies Named EUROPA SPORTS PARTNERS, LLC Search All California Companies Learn About Our Pro Search Subscription Service The information on this page is being provided for the purpose of informing the public about a matter of genuine public interest. We greatly appreciated the expertise and agility of the CIT Northbridge team in arranging this financing to meet our business objectives.Europa Sports Products is unmatched as a distributor of nutritional and sports supplements and a wide range of other products to outlets across the U.S. and abroad, said Neal Legan, who leads CIT Northbridge. 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. 0000008195 00000 n His diligence has paid off this fall: He made Summits varsity team as a sophomore. WebGet David Hayes's email address (d*****@europasports.com) and phone number (704957.) at RocketReach. Managing Director | Deloitte Corporate Finance LLC, Financial Sponsors and Strategic Growth Services, Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC). The 25-year-old make-up mogul - who owns her own Already a subscriber? 0000000012 00000 n Get the full list, To view Europa Sports Productss complete investments history, request access, Morningstar Institutional Equity Research, Chief Financial Officer & Chief Administrative Officer. Its just been a lot of conversations, a lot of occupying mental space, just trying to keep everything going, Derrick said. Price also has been forced to navigate the drama of the lawsuits; while the board has filled him in on the proceedings, he rarely brings the case up. The ISSN is the world's leading academic organization dedicated to the science of sports nutrition and supplements. Try our Advanced Search for more refined results, Searching cases in Europa Sports Products Inc Logo - http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a, Cision Distribution 888-776-0942 WebScott has over 40 years experience repairing and servicing Honda products, ATVs, Motorcycles. WebEuropa Sports Products Health & Diet Food Products, Health & Diet Food Products-Wholesale & Manufacturers, Vitamins & Food Supplements Be the first to review! After first announcing plans to close all of its New York City studios in April, YogaWorks filed for Chapter 11 bankruptcy protection on October 14. IN THE UNITED STATES BANKRUPTCY COURT FOR THE This warehouse has a very good, positive flow to it. Sometimes Wheeler will see his old friends at school and wont know what to say. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, International Society of Sports Nutrition. The work is typical warehouse work, order pulling, packing etc. About Lone Star Distribution >> In addition to delivering leading-edge nutrition management to its' customers, Europa's Professional Level ISSN membership will lead to more informed teams and therefore customers in all segments and levels. Significant legal events involving law firms, companies, industries, and government agencies. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, said Lorin DeMordaunt, managing director and consumer and retail group lead, Deloitte Corporate Finance LLC, http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a, Deloitte's Women @ Work report reveals signs of progress, but much work remains to improve women's experiences in the workplace, Deloitte Named a Leader in Worldwide Hybrid IT Consulting and Integration Services by the IDC MarketScape.
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