SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

Today’s Transactions:
Calera Capital Wins Auction for Rock ‘n’ Roll Marathon Operator

Private equity firm Falconhead Capital exits San Diego-based Competitor Group

Calera Capital has won the auction for Competitor Group Inc., the sporting event and media company that operates Rock ’n’ Roll Marathon.

Terms of the deal were not disclosed.

Competitor Group, based in San Diego, was established in late 2007 by Falconhead Capital when the firm merged three portfolio companies: Elite Racing Inc., La Jolla Holding Group LLC and Competitor Publishing Inc. In February 2008, Falconhead purchased Boulder, Colo.-based Inside Communications Inc., a publishing company geared toward competitive cycling and endurance sports, for an undisclosed price.

Competitor has since gone on to operate a total of 83 events across the world including the TriRock Triathlon Series in seven markets and the Muddy Buddy series in eight markets. It also owns five publishing properties including Velo, Inside Triathlon, Triathlete, Competitor Magazine and Women’s Running.

The company has grown about 40 percent per annum, according to Falconhead chairman and CEO David Moross.

New York-based Falconhead hired advisory Perella Weinberg Partners LP in June to run the auction.

Calera is headquartered in San Francisco.

 

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