Ownership Announces Sale of Germain Arena, Southwest Florida's Premier Sports
& Entertainment Venue, and ECHL's Florida Everblades
The 7,000+ seat multi-purpose venue, home to the defending Kelly Cup Champion
Everblades, features 26 suites, two additional ice rinks, world-class hockey
training facilities, a private club and the Breakaway Sports Pub overlooking
ESTERO, Fla., April 30, 2013
ESTERO, Fla., April 30, 2013 /PRNewswire/ --Germain Arena, Southwest
Florida's premier sports and entertainment venue, and the ECHL defending Kelly
Cup Champion Florida Everblades, are being put up for sale effective
immediately. The announcement was made by Germain Arena and Everblades owner
Peter Karmanos, owner of the NHL's Carolina Hurricanes, an Everblades
affiliate, and Executive Chairman of Compuware Corporation. Both the team and
venue, located in Estero, Florida, were founded in 1998.
"I am at a point in time where I want to simplify my life. While I have
thoroughly enjoyed owning the arena and team and seeing the tremendous benefit
they have been to the community, it is now someone else's turn," said
"With the rapidly improving economy in Southwest Florida, this is an excellent
time for someone to acquire the team and the arena," said Craig Brush, Florida
Everblades President and General Manager. "I'm proud of what we have
accomplished over the last 15 years and believe that greater successes are on
the horizon for both Germain Arena and the Everblades."
Sports investment bank Park Lane, led by its Founder and Managing Director
Andrew Kline, will serve as the exclusive sell-side banker for both the team
and the arena.
About Germain Arena and the Florida Everblades
Germain Arena is a 7,000+ seat multi-purpose venue viewed as "Hockey Heaven"
by area residents and known as both home to the Everblades and for its two
world-class hockey training facilities. The venue features 26 suites, two
additional ice rinks, a private club and the Breakaway Sports Pub overlooking
The arena regularly hosts various events including concerts,circuses,Cirque
du Soleil, boxing,mixed martial arts,ice shows, trade shows, and more. It is
currently home to the Florida Tarpons (Ultimate Indoor Football League) and
Florida Gulf Coast University (FGCU) Hockey, and has also been home to
theFlorida Flame(NBA Development League) and theFlorida Firecats(Arena
The Everblades are the ECHL affiliate of theAHL'sSyracuse
CrunchandCharlotte Checkers, and theNHL'sTampa Bay LightningandCarolina
Hurricanes. The Everblades have not missed the playoffs in their fifteen
seasons, and have made three appearances in the Kelly Cup Finals. The
franchise has finished first in the league in attendance five times.
About Park Lane
Park Laneis aninvestment bankfounded to providesports finance advisory
services to a variety of clients in thesports industry. The firm's bankers
supply mergers and acquisitions advisory,corporate
finance,consulting,financial advisory, andrestructuringto sports leagues,
teams, investors, andsports-related businesses. Park Lane combines in-depth
financial expertise with unparalleled access. For more information on Park
Lane, please call 310-201-8496 or visit www.prkln.com.
SOURCE JDP Communications
Contact: Jeff Pomeroy, JDP Communications, +1-678-471-6590, email@example.com
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