ZMC invests in Dynasty Sports and Entertainment

ZMC has invested in Dynasty Sports and Entertainment. Financial terms weren’t announced. Dynasty, of Boca Raton, Florida, provides ticket pricing, yield optimization and analytics services for professional sports teams and other live events rights holders. J2 Advisors and Comiter, Singer, Baseman & Braun LLP acted as legal advisers, while Lincoln International LLC provided financial advice to Dynasty. Lowenstein Sandler LLP acted as legal adviser to ZMC.

PRESS RELEASE

BOCA RATON, FL – March 15, 2018 – Dynasty Sports and Entertainment (“Dynasty” or the “Company”) today announced that affiliates of private equity firm ZMC have invested in the Company. Terms of the transaction were not disclosed.

Founded in 2010 by CEO Cole Rubin, Dynasty is a leading provider of ticket pricing, yield optimization and analytics services for professional sports teams and other live events rights holders. The Company leverages a proprietary ticket management system, Monarch, to manage secondary ticket inventory in real time. Today, the Company manages regular season and playoff ticket inventory for professional sports franchises, premier collegiate events, as well as a growing amount of inventory from concerts and other live events. Upon closing of the transaction, Mr. Rubin will remain as majority owner and Chief Executive Officer of the Company.

“ZMC’s investment will enable Dynasty to continue to offer best in class services, support, and technology for professional sports teams and other rights holders,” said Mr. Rubin, “Dynasty will benefit from ZMC’s active involvement and leadership as we continue to grow our customer base, enhance our technology and expand our product offerings.”

“Dynasty is a thought leader in ticketing technology and analytics and has assembled an outstanding management team that delivers consistently high results and service levels to its customers,” said Jordan Turkewitz, Managing Partner at ZMC. “ZMC has been impressed by the Company’s growth and is committed to supporting Dynasty’s investments in service and technology. The investment in Dynasty fits ZMC’s thematic focus on outsourced, mission critical technology and services benefiting from the secular demand in live events and experiences,” added Mr. Turkewitz.

J2 Advisors and Comiter, Singer, Baseman & Braun, LLP acted as legal advisors and Lincoln International LLC acted as financial advisor to Dynasty. Lowenstein Sandler LLP acted as legal advisor to ZMC.

About ZMC
ZMC is a leading private equity firm comprised of experienced investors and executives that invest and manage a diverse group of media and communications enterprises. Founded in 2001, ZMC’s investment philosophy centers on operational value creation driven by targeted investment themes, deep sector expertise, and strong partnerships with industry and operating executives. ZMC approaches its investments in collaboration with management teams and has a successful track record of actively adding value to portfolio companies. ZMC is currently investing out of ZMC II, L.P. www.zmclp.com

About Dynasty
Headquartered in Boca Raton, Florida, Dynasty is a technology-driven analytics and solutions provider to live events rights holders. Through its proprietary pricing, analytics and inventory management software platform, Monarch, Dynasty provides its partners improved revenue optimization, yield management and data to support ticketing operations. Formed by seasoned industry experts from the primary and secondary market, the Company’s approach is rooted in data analytics and technology-driven solutions to the growing live event ticketing market with an unwavering commitment to service, integrity and results. The Company partners with professional sports franchises, premier collegiate events, and other live events rights holders.

Source: https://www.pehub.com/2018/03/zmc-invests-dynasty-sports-entertainment/

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