Ares(US:ARES) Prnewswire·2024-06-24 10:30Company Overview - Unrivaled Sports has made a strategic investment in SNÖBAHN, a leading indoor action sports center in Colorado, enhancing its action sports division with support from Ares Management funds [1][4] - SNÖBAHN aims to expand into new markets, making action and snow sports more accessible, with state-of-the-art facilities designed for efficient learning in skiing, snowboarding, skateboarding, and BMX [2][8] - The partnership with notable athletes like Shaun White and Bode Miller is expected to drive growth and participation in action sports [3][5] Investment and Growth Strategy - Ares Management's investment is aligned with Unrivaled Sports' commitment to enriching communities and inspiring future athletes through innovative training experiences [4][9] - The collaboration aims to introduce action sports to a broader audience, leveraging urban-centric facilities and professional instructors [4][5] - SNÖBAHN's unique training approach is designed to break down geographical barriers traditionally associated with learning snow sports [2][3] Market Position and Future Plans - SNÖBAHN is positioned as a scalable platform for growing participation in various action sports, supported by a strong curriculum and influential partnerships [3][4] - Unrivaled Sports' portfolio includes various youth sports properties, indicating a diversified approach to sports development [6][7] - The company is currently running summer camps at its Colorado locations, further promoting engagement in action sports [5][8]