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europa sports products bankruptcies

Law360 provides the intelligence you need to remain an expert and beat the competition. Europa 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 public records filed with Texas Secretary of State.A corporate filing is called a foreign filing when an existing corporate entity files It should be about the community, right?. Prior to joining DCF, James served as a vice president at McColl Partners, LLC. I took a free trial but didn't get a verification email. The company said in a statement that it aims to use financial restructuring to "properly respond to the COVID-19 pandemic, with the long-term goal to emerge as a thriving powerhouse in the fitness industry.". The coronavirus outbreak has wreaked havoc on nearly every sector of the retail industry including fitness and sporting goods. >> His home has also been targeted because his mother is the former board president, according to court records. For more information visit www.issn.net. /L 288711 Theres got to be some corrective damage done for someone doing that stuff, especially because its kids.. He was 34 when he was diagnosed with ALS. 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. The number of bankruptcy declarations increased during all four quarters of 2022. If she did indeed pocket the money God, thats so wrong on so many levels. 0000006373 00000 n The work is typical warehouse work, order pulling, packing etc. Please see our Privacy Policy. trailer Dude, she texted to Bilanski, according to court records. BEND, Ore. Tara Bilanski was already a household name in the Pacific Northwest soccer scene when she was named executive director of the Bend FC Timbers in 2016. /ZaDb 70 0 R Lorin leads DCF's Consumer Business Group. Top editors give you the stories you want delivered right to your inbox each weekday. See Terms of Use for more information. For more information, visit www.investmentbanking.deloitte.com. 0000001719 00000 n The ISSN is also recognized by many Universities as offering the latest, cutting edge and non-biased information about the scienceand application ofsports nutrition and supplements. 0000004251 00000 n Its just been a lot of conversations, a lot of occupying mental space, just trying to keep everything going, Derrick said. The ISSN is the world's leading academic organization dedicated to the science of sports nutrition and supplements. The transaction closed on Feb. 17, 2016. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. Certain services may not be available to attest clients under the rules and regulations of public accounting. 4, 2016 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. 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 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. When typing in this field, a list of search results will appear and be automatically updated as you type. For more information, visit www.sheridancp.com. You have to know whats happening with clients, competitors, practice areas, and industries. 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. WebScott has over 40 years experience repairing and servicing Honda products, ATVs, Motorcycles. 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. CHARLOTTE, N.C., Oct. 12, 2017 /PRNewswire/ --Widely recognized as two of the world's leading organizations dedicated to science-based sports nutrition and distribution of top health and sports supplements, Europa Sports Products and the International Society of Sports Nutrition (ISSN) announced today the next step in their collaboration, making Europa Sports a professional member of the ISSN. WebThey need to let go of the ones who take advantage and go through the motions or they will be bankrupt very soon. He wanted to prove that he wasnt making a mistake by staying with the Timbers. 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. 0000023549 00000 n Additionally, Cision Distribution 888-776-0942 Please enable JavaScript to view the site. When typing in this field, a list of search results will appear and be automatically updated as you type. /Fields [ ] Contact Who is Europa Sports Partners Headquarters 11401 Granite St, Charlotte, North Carolina, 28273, United States Copyright 2012-2023 Logo - http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a, Cision Distribution 888-776-0942 Price also has been forced to navigate the drama of the lawsuits; while the board has filled him in on the proceedings, he rarely brings the case up. AFI Partners, LLC (AFI), a New York based private equity firm, is pleased to announce the formation of a new company, Europa Sports Partners, LLC (ESP). As the industry continues to grow, many clubs find themselves vulnerable, and embezzlement scandals have fractured organizations and communities across the country a youth basketball club in Omaha; a wrestling club in Mt. Vitamins, Supplements & Health Stores Retail . << 1 Europa Sports Products reviews in Pompano Beach. not be reproduced, distributed, transmitted, cached or otherwise used without written Board Memberships & Affiliations. A handful of coaches and roughly 120 players from the Timbers left last year to join Bilanskis new organization, Apex Futbol Club, cleaving the towns soccer community in half. As part of the bankruptcy proceedings, the company said permanent closures are slated to affect only company-owned locations which comprise 10% of Gold Gym's 700 locations around the world and will not impact its franchises. The material on this site may 0000006272 00000 n Daily and real-time news and case alerts on organizations, industries, and customized search queries. The ongoing case reveals the complexities of running a youth sports organization: Leaders engaged in bickering, name-calling and political maneuvering, all the while leaving kids in the crossfire or, in some cases, altogether forgotten. Already a subscriber? 71 36 /H [ 1719 306 ] He warned her of the ongoing lawsuits but opted to not interfere with her choice. About Lone Star Distribution The [youth sports] organizations financial maturity is not relative to the dollars flowing through them. Equipment Finance Advisor, Inc. All rights reserved. About Deloitte Corporate Finance LLC Deloitte Corporate Finance LLC Advises Europa Sports Products, Inc., in its merger with Lone Star Distribution, a portfolio company of Sheridan Capital Partners Significant legal events involving law firms, companies, industries, and government agencies. 's annual revenues are over $500 million (see exact revenue data) and has 100-500 employees. Web72355 EUROPA SPORTS PRODUCTS, LLC, 11401 H GRANITE STREET, ATLANTA, GA, 30384-7440US Mail (1st Class) FISHMAN JACKSON RONQUILLO PLLC, MARK H. The number of bankruptcy declarations among EU businesses increased substantially in the fourth quarter of 2022 (+26.8% compared with the previous quarter) and reached the highest levels since the start of the data collection in 2015. 0000093001 00000 n Clubs across many sports, including soccer, basketball and volleyball, rake in hundreds of thousands of dollars per year from registration fees, fundraisers, private training and camps, but checks and balances on the flow of that money are often absent. But there are still plenty of reminders of the split. 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. In addition to delivering leading-edge nutrition management to its' customers, Europa's Professional Level ISSN membership will lead to more informed teams and therefore customers in all segments and levels. Significant legal events involving law firms, companies, industries, and government agencies. europa sports products inc europa sports products europa sports products llc europa europa inc sports products inc Europa Sports Partners Global Presence Search All Employees Public Relations x. A former professional player from a working-class neighborhood in South Wales who never had to pay to play sports growing up, Price, 42, is in many ways the ideal replacement for the Timbers during this turbulent time an outsider with no community ties and little taste for politics. Our people and our culture make Deloitte a place where leaders thrive. Prior to joining DCF, Lorin served as a managing director and co- More, James is a managing director with Deloitte Corporate Finance LLC (DCF). /Prev 287229 0000004743 00000 n Deloitte The transaction closed on Feb. 17, 2016. 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Managing Director | Deloitte Corporate Finance LLC, Financial Sponsors and Strategic Growth Services, Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC). Your Company Listed, Submit /Root 72 0 R Company News. 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. Youre viewing 3 of 9 executive team members. 0000003247 00000 n Bilanskis initial contract which ran for one year included profits for running camps for the Timbers, said Shore, who left the board before Bilanski was promoted to executive director. /Filter /FlateDecode But theres that divide.. 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. /Outlines 65 0 R 2023. 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. Some families have kids playing for both clubs, including Gassner, who let his daughter, a senior in high school, make her own decision to leave for Apex last year. /S 180 Already a subscriber? Honda Goldwing, Valkyrie , VTX , and Yamaha Star Motorcycles a We are all screwed as there is evidence of any file deletion or transfer. Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. 0000008493 00000 n >> Friday, November 13, 2020. But its also a function of volunteer-based organizations and a combination of the general lack of oversight and governance that these organizations are subject to.. Please seewww.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Try our Advanced Search for more refined results, Searching cases in Europa Sports Products Inc 0000003645 00000 n About Europa Sports Products, Inc. Members of these organizations earn continuing education credits by attending ISSN Conferences and Symposia. 0000004175 00000 n Click here to login, Enter your details below and select your area(s) of interest to stay ahead of the curve and receive Law360's daily newsletters, Email (NOTE: Free email domains not supported). Each of these companies also join a rapidly expanding list of retail bankruptcies so far this year, which include restaurants and off-price clothing brands. WebFast paced positive culture. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. As part of the filing, the California-based company will permanently shutter all 55 of its locations nationwide. The club is an affiliate under the Portland Timbers Major League Soccer team and the Portland Thorns National Womens Soccer League team. Serving Asset-Based Lending Decision Makers. Theres one common theme in all of these cases, he said. So, yes, it was in her contract, Shore said. 2023 PitchBook. On a gloomy afternoon last November, nearly three months after she had been fired by the Timbers, Bilanski met with a paralegal from the law firm suing her in a Starbucks parking lot off Highway 97 in Bend. OSullivan took him and his father off an email list for tournaments, he said, and all but four of his teammates migrated to Apex. 0000002497 00000 n About Lone Star DistributionLone Star is a national specialty distributor of sports nutrition and fitness products. Europa will look to the ISSN for the latest scientific research in the category to insure that its customers get the very best products. Gold's Gym filed for Chapter 11 bankruptcy protection in May, shortly after the company announced it would shutter 30 locations that had been temporarily closed early on in the pandemic. WebOn 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). For more information, visit www.investmentbanking.deloitte.com. Industry. /DA (/Helv 0 Tf 0 g ) Directory, Extended Site 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. After first announcing plans to close all of its New York City studios in April, By clicking Sign up, you agree to receive marketing emails from Insider /Font << 0000003152 00000 n Distributor of nutritional and sports supplements, sports drinks and accessories intended for mass market retailers, gyms, box owners, health food stores and specialty supplement retailers. "I'm pleased and honored to have Europa Sports and CEO Eric Hillman as part of the ISSN community. As the executive director of the Timbers, she wore many hats she served as a coach, handled financial oversight and directed human resources, helping grow the Timbers into a club that today features two full-time employees, five part-time employees, 20 paid coaches and 10 volunteers on the board of directors. E.J. << 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. Everyone is shocked when it happens because they trust who is handling the money.. A former professional player who had coached at the highest levels collegiately, she found a more lucrative opportunity in the well-financed world of youth soccer. The culprit, they determined, was Bilanski and another former Timbers employee. After most of his team left for Apex, Ethan Wheeler began riding his bike every day to his school, Summit High, to practice. Claim /ID [ <958DB2D77671C4A96F5CA912B922465B> 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. Law360 may contact you in your professional capacity with information about our other products, services and events that we believe may be of interest.Youll be able to update your communication preferences via the unsubscribe link provided within our communications.We take your privacy seriously. 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 The laptop was sent to a data forensics examiner in Portland. >> Bed Bath and Beyond has one Central Oregon location, inside the Cascade Village The fracture can especially be felt during the public-school season in the fall, when players from both clubs are forced to compete side by side and parents must sit next to one another in the stands. WebBiosteel Sports Nutrition; Black Market Labs; Blender Bottle; BSN; Bucked Up; Cellucor; Clean Beans; Clean Eatz; Controlled Labs; Core Nutritionals; Defiance Fuel; Eat Me This has put me back in an environment where I can really affect what is going on out there on the green., Legal and regulated in some states and banned in others, youth MMA is growing in popularity. WebIn the bankruptcy filing, the retailer said it anticipates closing all of its stores by June 30. CHARLOTTE, N.C., Mar. About Europa Sports Products Based in Charlotte, NC, Europa Sports Products is recognized as an industry leader in the distribution of nutritional and sports supplements, sports drinks and accessories to mass market retailers, gyms, health food stores and specialty supplement retailers. Effort there is terrible and it is like pulling teeth to get promoted when it is earned. 0000007643 00000 n 0000064770 00000 n << as well as other partner offers and accept our, J. Conrad Williams Jr./Newsday via Getty Images. 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. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security. 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. from 8 AM - 9 PM ET. 0000005971 00000 n Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. 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. The nonprofit organization reported more than $1.1 million in revenue in 2019 alone, according to the most recent tax records available. For more information, visit www.lonestardistribution.com. Win whats next. Given the mandated closure of gyms and fitness centers across the nation during the peak of the pandemic and several key customer bankruptcies, Products exhausted all of its cash and other sources of liquidity. Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. Discover more about Europa Sports Partners. While it is impossible to know whether embezzlement is on the rise in youth sports there is no centralized body tracking cases in the industry it has been a pervasive problem for years, said Erik Carrozza, who served for more than a decade as a youth sports treasurer in suburban Philadelphia and started a nonprofit called the Center for Fraud Prevention to help organizations avoid embezzlement. The company's product portfolio includes protein powders, nutrition bars, sports drinks, sports performance supplements, vitamins and weight loss supplements. There is plenty of work to do off it. 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. This partnership also offers increased exposure to scientific studies, and stronger networking opportunities with industry leaders. Password (at least 8 characters required). Its not making sense to us., Massive sports complexes are latest front in war for visitors, dollars. 0000004943 00000 n 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. 0000000012 00000 n Further, we are optimistic as we launch new products and build new relationships across both domestic and international markets.. from 8 AM - 9 PM ET. About Europa Sports Products, Inc. Europa is a national specialty distributor of sports nutrition and fitness products, including protein powders, nutrition bars, About Deloitte Corporate Finance LLC Deloitte Corporate Finance LLC provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. Theres often no governance of youth sports organizations not from parents, sponsors or local governments and most embezzlement cases involve treasurers or volunteer board members who have been trusted with an organizations funds, with little to no checks and balances on how budgets are operated. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. 72 0 obj Ryan Shore, the board president who hired Bilanski as the Timbers technical director in 2013, said in an interview that the club had outsourced companies to run camps for years. /Type /XRef 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]. /E 105059 Jeff Compton Work Experience and Education . Her credentials energized one of the states largest clubs, and over the next five years, she received several pay raises that eventually bumped her salary up to $119,000 per year nearly $30,000 more than she made as a head coach at the University of Oregon.

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