Keiter Advisors Announces the Sale of Harvard Sports Management Group
Posted on January 8, 2020
Harvard Sports Becomes Part of WorldStrides Excel
Keiter Advisors (KA) served as the exclusive financial advisor for Harvard Sports Management Group, Inc. (“Harvard Sports”) during its sale to Worldstrides, a travel provider based out of Charlottesville, Virginia. Harvard Sports will become a part of Worldstrides Excel, the company’s sports travel division.
Harvard Sports is a leading provider of international sports tours, headquartered in Richmond, Virginia. The Company serves both collegiate and youth club teams by designing and facilitating unique and memorable tours that are customized to meet the specific needs of each team.
“We are pleased to join a company that lives our mission every day. The opportunities for collaboration and learning are endless” said Joe Totman, founder of Harvard Sports.
In announcing the transaction, Worldstrides CEO Bob Gogel stated, “We’re excited to welcome Joe, and the athletic directors and teams he’s served over the years to the WorldStrides family. This combined team will be a powerhouse in sports travel, and I know our customers will benefit from the shared experience and expertise.”
About Keiter Advisors
Keiter Advisors is a full-service transaction advisory group serving companies in middle market M&A transactions and financing. KA is recognized as the national leader in assisting owners to:
- Buy or sell foodservice distribution, meat processing and produce companies
- Plan and execute transition strategies, including family buy out initiatives and third party sale
- Examine the profitability of their business and develop viable improvement programs
- Renegotiate existing financing arrangements and secure new lenders
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