Bilanski and the other defendants in the case have sought a stay in the civil case. So, yes, it was in her contract, Shore said. /Font << It tore the community apart, he said. But theres that divide.. "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. The transaction closed on Feb. 17, 2016. 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. 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. /Size 107 There is plenty of work to do off it. 0000002931 00000 n Good to know, Bilanski responded. Europa offers approximately 7,000 products representing 280 of the industry's leading brands. WebIn the bankruptcy filing, the retailer said it anticipates closing all of its stores by June 30. The 25-year-old make-up mogul - who owns her own The new membership with ISSN will generate multiple benefits for Europa's growing roster of mass market retailers, gyms, box owners, health food stores, and specialty supplement stores. Morris, Mich.; and a soccer and lacrosse club Hanover, Pa. Europa Sports 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. /O 74 Customize this page. 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. For more information, visit www.europasports.com. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security. 2023, Portfolio Media, Inc. | About | Contact Us | Legal Jobs | Advertise with Law360 | Careers at Law360 | Terms | Privacy Policy | Cookie Settings | Help | Site Map. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. I took a free trial but didn't get a verification email. With roughly 30 teams competing for the club, the Bend summer camps became a major draw under Bilanski, who charged around $150 in entry fees for the camps. 0000002497 00000 n 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. 0000004251 00000 n Carrozza has tracked and examined hundreds of cases of youth sports embezzlement totaling millions of dollars stolen in the United States and abroad in recent years. They just left.. Logo - http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a, Cision Distribution 888-776-0942 After first announcing plans to close all of its New York City studios in April, 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. Most kids were forced to have to choose, which is kind of sad. Lorin leads DCF's Consumer Business Group. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. That is what the lawyers are paid to figure out, said Michael Gassner, a Bend resident who has one child playing for the Timbers and another for Apex. On a sun-soaked Saturday afternoon in September, hundreds of parents lined the sidelines to watch their kids play at the Timbers turf fields at Pine Nursery Park, a 159-acre complex lush with towering pines, sage and ponds. 0000002026 00000 n Law360 provides the intelligence you need to remain an expert and beat the competition. /ABCpdf 6109 Our entire organization has rallied around ramping up procurement and operations to fulfill the pent-up demand we have across all of our distribution channels. About Europa Sports Products, Inc. 0000004743 00000 n 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. Claim Jeff Compton Work Experience and Education . If Tara or her directors and coaches wanted to run camps, they could have that profit line or moneys we usually spent to hire [outside companies]. Its not making sense to us., Massive sports complexes are latest front in war for visitors, dollars. He was 34 when he was diagnosed with ALS. 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. WebThey need to let go of the ones who take advantage and go through the motions or they will be bankrupt very soon. Europa Sports Partners Europa Sports Products >> Everyone is shocked when it happens because they trust who is handling the money.. 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. F--- these guys, he wrote in a text message cited in court records. Password (at least 8 characters required). 2023 PitchBook. Europa is setting the industry standard in quality, product assortment, customer service and satisfaction. His eighth-grade son chose to remain with the Timbers. 0 A growing number of fitness companies have filed for Chapter 7 or Chapter 11 bankruptcy in recent months, after failing to recover from temporary government-mandated closures to gyms and indoor fitness facilities intended to prevent the spread of the disease. His home has also been targeted because his mother is the former board president, according to court records. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Clubs across many sports, including soccer, basketball and volleyball, rake in hundreds of thousands of dollars per year from registration fees, fundraisers, private 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. Claim your Free Employer Profile Website: www.europasports.com Headquarters: Charlotte, NC Size: 201 to 500 Employees Founded: 1990 Type: Company - Private Industry: Wholesale Revenue: $100 to $500 million (USD) Competitors: Unknown Menu options for Europa Sports Products Inc. Energy Drink Maker Says Monster Launched Smear Campaign, Co. Bringing together the industry with science can only result in better products," said Dr. Jose Antonio, CEO and co-founder of the ISSN. /AcroForm << WebBiosteel Sports Nutrition; Black Market Labs; Blender Bottle; BSN; Bucked Up; Cellucor; Clean Beans; Clean Eatz; Controlled Labs; Core Nutritionals; Defiance Fuel; Eat Me WebScott has over 40 years experience repairing and servicing Honda products, ATVs, Motorcycles. 's annual revenues are over $500 million (see exact revenue data) and has 100-500 employees. 71 0 obj Selling Adulterated Weight Loss Supplements, Buyers Say, Nutrex, Supplement Co. Strike Deal In False Ad Suit. Serving Asset-Based Lending Decision Makers. Its a function of the growth of the industry, Carrozza said. AFI PARTNERS FORMS EUROPA SPORTS PARTNERS /PageMode /UseNone 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. /S 180 0000005855 00000 n Europa Sports Partners corporate office is located in 11401 Granite St, Charlotte, North Carolina, 28273, United States and has 297 employees. But there are still plenty of reminders of the split. 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. Delaware-based Cyc Holdings, the owner of the indoor cycling chain Cyc Fitness, filed for Chapter 11 bankruptcy protection on October 14. Europa Sports Products, Inc. in Charlotte NC - Company Profile 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.Europa Sports Products is an industry-leading distributor of nutritional and sports supplements, sports drinks and accessories to mass market retailers, gyms, health food stores, specialty supplement retailers, sporting goods stores and many other outlets. 0000009459 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. Please see our Privacy Policy. About Lone Star Distribution 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 nonprofit organization reported more than $1.1 million in revenue in 2019 alone, according to the most recent tax records available. It wasnt soccer first, he said. In growing numbers, more and more families are realizing [Bilanskis] credentials. x. Bed Bath and Beyond has one Central Oregon location, inside the Cascade Village 0000004175 00000 n + 1 212 492 4484, Based in Charlotte, Lorin is a managing director with Deloitte Corporate Finance LLC (DCF). Certain services may not be available to attest clients under the rules and regulations of public accounting. Already a subscriber? 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). His transaction experience includes sell-side, b More. A free inside look at company reviews and salaries posted anonymously by employees. xref Calendar, Author 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. EUROPA SPORTS PARTNERS LLC. Revenue, Growth The Bend FC Timbers have counted more than 2,000 youth players among their ranks, many who pay as much as $1,600 in annual dues. Europa Sports Products 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. Even before the allegations of embezzlement came to light, the lawsuit contends, Bilanski and a group of Timbers employees and team managers embarked on a campaign to undermine the organization, which was born out of tension with the board and its president, Hart. For more information, visit www.sheridancp.com. << 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. Copyright 2012-2023 0000008493 00000 n Please visit europasports.com for additional detail. Bend is not the only community to wrestle with accusations of embezzlement within its youth sports ranks in recent years. For more information, visit www.investmentbanking.deloitte.com. Investment banking or other services that would require registration as a broker-dealer with the SEC and membership in FINRA would be provided exclusively by DCF. But by the summer of 2021, Bilanski had fallen out of favor with the clubs board of directors and many of its parents, and after stakeholders conducted a survey and determined she had not been performing her job duties satisfactorily, she was fired that August. Expectations were laid out in my interview so there aren't any surprises, it's not climate controlled but it's a stable, secure job. Prior to joining DCF, James served as a vice president at McColl Partners, LLC. The club is an affiliate under the Portland Timbers Major League Soccer team and the Portland Thorns National Womens Soccer League team. 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. xAa,hN!dH"0K)V%( [`X:Q^j7r{8!`JoX2". I thought, its probably easier to go in somewhere thats been struggling or has gone through a period of turmoil and fix it than to go to a well-oiled machine, he said. 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. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Europa Sports Products Becomes a Professional Level Member He wasnt going to stop leading the basketball team he loved. Europa Sports Products, Inc Please see our Privacy Policy. I lost most of my friends I had been playing with since kindergarten. "If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11," 24 Hour Fitness CEO Tony Ueber said in a statement. Europa Sports Products Inc - Company Profile and News Deloitte Corporate Finance LLC Advises Europa Sports Products, Inc., in its merger with Lone Star Distribution, a portfolio company of Sheridan Capital Partners The number of bankruptcy declarations increased during all four quarters of 2022. It was kind of sad, Wheeler said. Get 5 free searches. Further, we are optimistic as we launch new products and build new relationships across both domestic and international markets.. 0000008819 00000 n 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. For more information visit www.issn.net. The Deloitte Corporate Finance team was instrumental in helping us navigate a mutually exciting transaction with Lone Star and Sheridan Capital Partners. I hear from parents, you know, severed relationships of a decade or more. 0000003460 00000 n Web72355 EUROPA SPORTS PRODUCTS, LLC, 11401 H GRANITE STREET, ATLANTA, GA, 30384-7440US Mail (1st Class) FISHMAN JACKSON RONQUILLO PLLC, MARK H. Sometimes Wheeler will see his old friends at school and wont know what to say. Additionally, AFI has invested significant capital to build ESPs inventory as part of this transaction, and CIT Northbridge Credit has provided a new working capital facility to support ESP. 0000004572 00000 n About Deloitte Corporate Finance LLC 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. /Helv 68 0 R 0000007892 00000 n Deloitte Corporate Finance LLC Advises Europa Sports Products, Liverpool will take the chance to qualify for the Europa League as they look to squeeze everything out of a disappointing season, manager Juergen Klopp said ahead For more information, visit www.sheridancp.com. 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. /Pages 66 0 R Dude, she texted to Bilanski, according to court records. Try our Advanced Search for more refined results, Searching cases in Europa Sports Products Inc WebEuropa Sports Products, Inc. filed as a Foreign For-Profit Corporation in the State of Texas on Thursday, June 13, 2002 and is approximately twenty-one years old, according to WebEuropa Sports Products is located in North Carolina . To explore Europa Sports Productss full profile, request access. Access your favorite topics in a personalized feed while you're on the go. Public Relations The culprit, they determined, was Bilanski and another former Timbers employee. /Type /XRef 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. "CIT Northbridge Credit is a trusted financial partner supporting middle-market companies with a broad range of flexible asset-based debt solutions. OSullivan took him and his father off an email list for tournaments, he said, and all but four of his teammates migrated to Apex.