Competitor Group, Inc.

Competitor Group, Inc.
Type Privately held company
Industry Sports marketing and Event management
Founded 2007
Headquarters Mira Mesa, San Diego, California
Key people Scott P. Dickey
President
Products Rock 'n' Roll Marathon Series, Competitor magazine, Triathlete magazine, VeloNews, Inside Triathlon
Website www.competitorgroup.com

Competitor Group, Inc. is a privately held, for-profit, sports marketing and management company based in Mira Mesa, San Diego, California. The company owns and operates over 40 national running, cycling, and triathlon events; of which includes the Rock 'n' Roll Marathon Series.[1][2] Additionally, the company produces four publications, Competitor magazine; Triathlete magazine; VeloNews; and Inside Triathlon, that have a collective circulation of over 800,000.[3] The company is supported financially by a private equity firm, Falconhead Capital, Inc.

Contents

History

Competitor Group, Inc. (CGI) was formed by Falconhead Capital at the end of 2007 when the firm acquired Elite Racing, an operator of running events in the United States, as well as La Jolla Holding Group, LLC (Triathlete magazine) and Competitor Publishing.[4][3][5] In 2008, Falconhead Capital acquired Inside Communications, Inc., owners of VeloNews, Inside Triathlon, adding them to the CGI business portfolio.[6]

With the acquisition of Elite Racing, CGI rapidly expanded its event production with the Rock 'n' Roll Marathon Series. In addition to the races that were already produced under Elite Racing, CGI has purchased under-performing marathon and half-marathon races as well as starting new races around the United States.[7][8]

Events and products

Running

Cycling

Triathlon

See also

References

  1. ^ Siedsma, Andrea (5 April 2010). "Racing Along: Competitor Group Events Help Charities Score". San Diego Business Journal. http://www.sdbj.com/news/2010/apr/05/racing-along-competitor-group-events-help-charitie/. Retrieved 7 December 2010. 
  2. ^ "Competitor Group, Inc.". Bloomberg, LLP. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=39838760. Retrieved 7 December 2010. 
  3. ^ a b Cody, Tamika (15 September 2010). "Falconhead Recaps Media Biz". Mergers & Acquisitions; Source Media, Inc.. http://www.themiddlemarket.com/news/falconhead-recapitalization-golub-competitor-group-210884-1.html. Retrieved 7 December 2010. 
  4. ^ Empfield, Dan (7 January 2008). "Falconhead's Moross confirms purchase of Triathlete, speaks to Slowtwtich". Slowtwitch.com. http://www.slowtwitch.com/News/Falconhead_s_Moross_confirms_purchase_of_Triathlete_speaks_to_Slowtwtich_171.html. Retrieved 7 December 2010. 
  5. ^ "The Week In Private Equity: Exits Abound". The Wall Street Journal. 17 September 2010. http://blogs.wsj.com/privateequity/2010/09/17/the-week-in-private-equity-exits-abound/?KEYWORDS=falconhead+capital. Retrieved 7 December 2010. 
  6. ^ Empfield, Dan (11 February 2008). "Velo News, Inside Tri sold to Competitor Group". Slowtwitch.com. http://www.slowtwitch.com/News/Velo_News_Inside_Tri_sold_to_Competitor_Group_199.html. Retrieved 7 December 2010. 
  7. ^ Perry, Nick (27 June 2009). "Private firm Competitor Group gets tax dollars to stage big-money Rock 'n' Roll Seattle marathon". The Seattle Times. http://seattletimes.nwsource.com/html/localnews/2009390759_marathon27m.html. Retrieved 7 December 2010. 
  8. ^ Herzog, Blake (11 November 2010). "City may see rockin', runnin' New Year's". The Desert Sun. http://www.mydesert.com/article/20101111/NEWS04/11100391/City-may-see-rockin-runnin-New-Year-s. Retrieved 7 December 2010. 
  9. ^ "Competitor Group Launches 2011 TriRock Series". PR Newswire Association. 21 January 2011. http://www.prnewswire.com/news-releases/competitor-group-launches-2011-trirock-series-114357119.html. Retrieved 8 February 2011.