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Capacity Sports Group acquires LakePoint Sports

Capacity Sports Group has acquired LakePoint Sports, the Georgia-based youth sports complex, according to Sports Business Journal. The deal puts one of the country's largest amateur sports venues under new ownership, though financial terms and the buyer's plans for the property have not been disclosed. The move reflects ongoing consolidation and investment in the youth and amateur sports facility market.

Why now: The acquisition of a major youth sports destination signals continued consolidation in the amateur sports business.

Capacity Sports GroupLakePoint SportsSports Business Journal

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