With Ryan Howard serving as its cleanup hitter, SeventySix Capital, based in Conshohocken, expanded its sports-related holdings with an investment in Play by Play Sports Broadcasting Camps.
Play by Play Sports runs sports broadcast camps for boys and girls ages 10 to 18 in Philadelphia and eight other major cities including Los Angeles, Dallas, Boston and Atlanta. Camp attendees have gone on to work at ESPN, the MLB Netowrk, NBC, ABC and CBS, writes John George in the Philadelphia Business Journal.
The amount of the investment was not disclosed. The investment deal was led by former Philadelphia Phillies all-star first baseman Ryan Howard, who last year joined SeventySix Capital as a partner.
“So many people love sports, but think that it’s impossible to get into the sports broadcasting industry. That’s not the case today,” said Howard, “There are now countless channels, social media platforms and live events – each needing broadcasters.”
SeventySix Capital’s other sports-related portfolio companies include N3rd Street Gamers and Whistle Sports. The firm also has a strategic partnership with Rubicon Talent, a sports marketing and talent agency based in New York City whose clients include National Football League players DeMarco Murray, Greg Olsen, and Mark Ingram; Olympians Kerri Walsh Jennings and Lolo Jones; and Major League Baseball Hall of Fame member Ca Ripken Jr.
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