WOODBRIDGE, Ill.--(BUSINESS WIRE)--Seven Bridges Acquisition, Inc. (the “Company” or “Seven Bridges”), an affiliate of Blackstreet Capital Holdings, LLC (“BCH”), has signed a long term ice rental agreement with the Tier 1 AAA Hockey Organization, Team Illinois (“TI”), whereby TI will make Seven Brides Ice Arena their home rink for the elite hockey club. BCH is led by Murry Gunty, Chief Executive Officer, and Lawrence Berger, Chief Investment Officer.
Seven Bridges Ice Arena (the “Facility”), located in Woodbridge, Illinois, is a year-round indoor two-sheet ice arena that is home to numerous youth hockey and figure skating clubs. The Facility also contains a popular turf field used for indoor soccer and the Blue Line Bar and Grill restaurant. The Facility also contains an off-ice workout area and locker rooms dedicated for its Tier 1 and High School hockey teams. The Company purchased the debt of the Facility 18 months ago and recently completed a successful foreclosure on the property.
“We are thrilled to be moving to Seven Bridges Ice Arena starting with the 2017 hockey season,“ said Larry Pedrie, Team Illinois Director of Hockey. “The Facility will allow us to grow our program and provide the best Tier 1 hockey experience in the Chicago area for our families. We are thrilled to be partnering with Seven Bridges over the long term.”
“We are honored that Team Illinois chose to make Seven Bridges their partner,” said Murry Gunty, CEO of BCH. “We look forward to turning the Facility into a true home for Team Illinois’ players, coaches and families. After a long and contentious battle with the prior owner, we are excited to finally have an anchor tenant who is looking for a long term partnership that will enable us to return the Facility to its place as the best venue in the Chicago area.”
About Blackstreet Capital Holdings, LLC
Blackstreet Capital Holdings, LLC is a Chevy Chase, MD based diversified holding company run by Murry Gunty and Lawrence Berger. BCH currently has equity and debt holdings in education, consumer finance, and sports and entertainment. Gunty and Berger have deep experience buying companies that are either underperforming, in out-of-favor industries or are undergoing some form of transition. BCH seeks investments in a range of industries, including education, manufacturing, sports and entertainment, distribution, ecommerce, and franchising.
About Team Illinois
Team Illinois is the most respected Tier 1, AAA Hockey Organization in Illinois. Team Illinois participates in the most competitive AAA league in the United States, the High Performance Hockey League, and the most prestigious tournaments in North America.