M&A Deal Summary

3STEP Sports Acquires Michigan Elite Volleyball Academy

On January 9, 2023, 3STEP Sports acquired consumer services company Michigan Elite Volleyball Academy

Acquisition Highlights
  • This is 3STEP Sports’ 10th transaction in the Consumer Services sector.
  • This is 3STEP Sports’ 15th transaction in the United States.
  • This is 3STEP Sports’ 2nd transaction in Michigan.

M&A Deal Summary
Date 2023-01-09
Target Michigan Elite Volleyball Academy
Sector Consumer Services
Buyer(s) 3STEP Sports
Deal Type Add-on Acquisition

Target

Michigan Elite Volleyball Academy

Pontiac, Michigan, United States
Michigan Elite Volleyball Academy provides an opportunity for young individuals (elementary through high school age girls and boys) to further their experience and training in volleyball through instruction from qualified coaches in practice and increased competition in tournaments throughout the state, regionally and nationally. Michigan Elite Volleyball Academy was founded in 2010 and is based in Pontiac, Michigan.

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Buyer(S) 1

Buyer

3STEP Sports

Andover, Massachusetts, United States
Category Company
Founded 2016
Sector Consumer Services
DESCRIPTION

3STEP Sports is a premier, inspiring and authentic experience – dedicated to perfecting every aspect of the athlete funnel. The 3STEP reach spans 43 states and serves more than 3.2 million athletes across nine sports through industry-leading events, nationally spanning club programs, premier media content and more. 3STEP Sports was founded in 2016 and is based in Andover, Massaachusetts.

DEAL STATS #
Overall 15 of 18
Sector (Consumer Services) 10 of 11
Type (Add-on Acquisition) 15 of 18
State (Michigan) 2 of 2
Country (United States) 15 of 18
Year (2023) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-12 MOD Volleyball Club

Skokie, Illinois, United States

MOD Volleyball Club offers volleyball training for boys and girls ages K-18 with programs. MOD Volleyball ClubMOD Volleyball Club was founded in 2020 and is based in Skokie, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-12 D3 Lacrosse Showcase

United States

D3 Lacrosse Showcase is a lacrosse event operator which provides opportunities for boys and girls to be seen by Division III college coaches.

Buy -
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