ST. CLOUD CAPITAL ANNOUNCES GROWTH CAPITAL INVESTMENT IN RCX SPORTS
"We're excited to partner with St. Cloud as we continue expanding youth sports opportunities across the country," said
In Reese and Manning's CNBC Interview last week, Manning noted, "the fact that you're working with the professional leagues, they don't want this to be a heavy cost to kids. They want more kids playing sports, being active, being out there. So our goal is to bring in capital so that RCX can scale that."
Global law firm, K&L Gates LLP, served as counsel to St. Cloud Capital. For more information about RCX, please visit: https://rcxsports.com.
About St. Cloud Capital
St. Cloud Capital is a Los Angeles-based private investment firm founded in 2001 that provides debt and equity growth capital to the lower middle market (companies with annual revenues generally between $10 million and $150 million). St. Cloud has managed over $700 million and invested in over 80 portfolio companies. Investments have been made in a wide range of industries and in every layer of the capital structure, including senior secured debt, subordinated debt, and preferred and common stock. St. Cloud typically invests in non-control situations, acting as both a financial and strategic partner to successful and experienced ownership entities, management teams and industry entrepreneurs in fulfilling their long-term growth plans. For more information about St. Cloud Capital, please visit: www.stcloudcapital.com
Media Contact: Sheila Emami, [email protected]
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SOURCE St. Cloud Capital
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