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Boston Ventures Teams With Petty Enterprises.

Publication: PR Newswire
Publication Date: 11-JUN-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Significant Investment By Leading Private Equity Firm To Support Growth Of Auto Racing's Most Recognized Brand; Experienced Executive David Zucker Named CEO

BOSTON, June 11 /PRNewswire/ -- Boston Ventures, a leading middle market private equity firm that invests in the entertainment, media, information and publishing, and communications sectors, announced today it has made a significant investment in Petty Enterprises and the Richard Petty Driving Experience. Together, Richard Petty and Boston Ventures are partnering to continue the growth of the most successful and recognized name in NASCAR racing history.

The iconic Richard Petty name is the most recognized brand in the automotive racing world and this marks the first time since Lee Petty formed the organization in 1948 that an outside firm has invested in the legendary race team. Petty Enterprises operates two outstanding properties: The Richard Petty Driving...

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