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Celeritas Management Joins Forces with ANC Sports Enterprises.

Publication: PR Newswire
Publication Date: 20-JUL-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Acquisition Increases Capacity to Meet Sports Signage and Marketing Industry's Growing Demand

PURCHASE, N.Y., July 20 /PRNewswire/ -- Celeritas Management announced today its acquisition of a majority stake in ANC Sports Enterprises, a leading provider of team and venue services for over 200 professional, collegiate and amateur sports organizations and events. The transaction is part of Celeritas' strategy to build a diversified set of assets in the sports, entertainment and marketing services businesses.

Jerome Cifarelli will remain the president and chief executive officer of ANC Sports while retaining a minority share of the business. "Celeritas is delighted to welcome Mr. Cifarelli and his talented team...

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