Parties
Company
Mark Walter Group
Company
Professional Women’s Hockey Players Association
On June 30, 2023, the Mark Walter Group and Billie Jean King Enterprises announced that a single viable professional women’s hockey league in North America, featuring the best women hockey players in the world, will launch in 2024.
The Professional Women’s Hockey Players Association (“PWHPA”) was formed in May 2019 in an effort to promote the need for a sustainable and viable professional women’s hockey league in North America. The PWHPA’s Secret® Dream Gap Tour, which featured showcases across North America, provided a platform for the best players in the world to showcase their talent and use their voices to further the mission of the PWHPA.
The Investor Group has spent months negotiating a collective bargaining agreement (“CBA”) with a formal union, the Professional Women’s Hockey League Players Association (“PWHLPA”), that was formed by the members of the PWHPA. In a groundbreaking step towards the launch of the new league, the members of the PWHLPA have ratified the CBA, marking the first time a women’s professional sports union has ratified a CBA prior to the start of competition.
Deal Type
Financing/InvestmentIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
10 July 2023