Holland & Knight Advises Attain Sports in Acquiring Controlling Interest in Aberdeen IronBirds
Holland & Knight represented Attain Sports in its purchase of controlling interest in IB Professional Holdings, the owner of the Aberdeen IronBirds, Class A affiliate of the Baltimore Orioles, from Hall of Famer Cal Ripken Jr. and former Major League Baseball (MLB) veteran Bill Ripken. The deal was announced on October 1.
Attain Sports is a sports team operator led by Greg Baroni, also owns the Bowie Baysox, Double-A affiliate of the Baltimore Orioles; the Frederick Keys, a collegiate summer baseball team of the MLB Draft League; the Spire City Ghost Hounds of the Atlantic League Professional Baseball; and the Loudon United Football Club of the United Soccer League. Holland & Knight led the acquisitions of these teams as well.
The acquisition of IB Professional Holdings presents an opportunity to grow Attain Sports, which will “continue to deliver baseball as affordable entertainment with a commitment to community engagement, exceptional customer service and innovative experiences.” The Ripkens will remain part of the ownership group.
Holland & Knight Partners Adam August and Aaron Goldberg led the firm’s representation of Attain Sports. They were assisted by Associates Brittany Cangelosi and Katya Mingov.