MILFORD, Conn.--(BUSINESS WIRE)--Aug 29, 2018--Black Bear Sports Group, Inc. (“BBSG” or the “Company”) has acquired the Milford Ice Pavilion in Milford, CT (the “Arena”). The Arena houses one NHL-size ice sheet and is home to the Southern Connecticut Stars Youth Hockey Association and various local high schools. BBSG was founded by Murry Gunty in 2015.

“We’re thrilled to expand our operations into the strong hockey and skating communities of southern Connecticut,” said Murry Gunty, CEO of BBSG. “We look forward to continuing the strong partnerships in place with the local users in Milford.”

The Arena is the tenth ice rink purchased by BBSG along with its three Junior Hockey teams. Other ice rink holdings include Seven Bridges Ice Arena in Woodridge, IL; American Heartland Ice Arena in Lincolnwood, IL; Center Ice of DuPage in Glen Ellyn, IL; Southwest Ice Arena in Crestwood, IL; Piney Orchard Ice Arena in Odenton, MD; Ice World in Abingdon, MD; Ice Land Skating Center in Hamilton Township, NJ; Jersey Shore Ice Arena in Wall Township, NJ; and Printscape Arena at Southpointe in Canonsburg, PA.

About Black Bear Sports Group, Inc.

Black Bear Sports Group, Inc. is a privately held company formed by Murry Gunty in 2015 that seeks investments in sports and entertainment facilities, teams and youth sports events. Our arenas are clean and professionally managed, and offer world-class recreational offerings. We focus on ice arenas in metropolitan areas with compelling demographics, markets with a National Hockey League club presence and arenas with existing youth hockey clubs. We have the ability to acquire healthy and stable arenas, but also to turn around under-managed or under-performing facilities. Black Bear currently owns and operates ten arenas across the United States with a total of 18 sheets of indoor ice, two indoor turf fields, two youth hockey clubs and three junior hockey franchises in the USHL, NAHL and EHL.

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CONTACT: Black Bear Sports Group, Inc.

Murry Gunty, 240-223-1333

mgunty@blackbearsportsgroup.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA CONNECTICUT

INDUSTRY KEYWORD: HOCKEY TEENS CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE CONSUMER SPORTS

SOURCE: Black Bear Sports Group, Inc.

Copyright Business Wire 2018.

PUB: 08/29/2018 07:00 AM/DISC: 08/29/2018 07:00 AM

http://www.businesswire.com/news/home/20180829005046/en