Go to deals
Business Support Services | Other Industries

Athletic Recovery Zone has been acquired by Dragon Seats

January 2023 — The shareholders of Athletic Recovery Zone have sold the company to Dragon Seats.

Athletic Recovery Zone was founded in 2010 by commercial and industrial HVAC specialists Brian Cothren and Billy Quillen, to create modular climate control bench systems. The concept was borne out of a collaboration with Jacksonville Jaguars athletic trainers, who were searching for a cooling solution for players enduring Florida’s hot, humid conditions. Today, the company builds and rents patented temperature-controlled systems primarily to the athletics, entertainment and events industries. The cooling system reduces heat-related injuries and core body temperatures quickly for athletes and event spectators. It also converts to a heating system when weather conditions turn frigid.

Based in Cleveland, Ohio, Bourne Creations Inc., dba Dragon Seats, provides climate-controlled benches and sideline solutions to the majority of NFL member clubs, dozens of Power-5 college football programs, baseball dugouts and lifestyle spaces. The company has a 25-year track record of maximizing safety, comfort and performance for athletes in all weather conditions.

Our role in the transaction

Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.

Parties
“It has been a great pleasure working with the team at Oaklins Heritage during all the negotiations and final sale of ARZ to Dragon Seats. They were instrumental in the success of the sale.”

Brian Cothren

Owner, Athletic Recovery Zone

Talk to the deal team

Bill Prescott

Principal
Jacksonville, United States
Oaklins Heritage

Related deals

Dan Group Alarm Syd has been sold to Varna Security
Private Equity | Business Support Services

Dan Group Alarm Syd has been sold to Varna Security

Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.

Learn more
360 Experience Group has merged with GoodFellows
Business Support Services | TMT

360 Experience Group has merged with GoodFellows

360 Experience Group, a European end-to-end service provider of live experiences, and GoodFellows have merged to create one of the largest live experiences players in Europe. By pooling their strengths under the 360 Experience Group banner, the merged group will span the full breadth of the live industry and bring together 16 specialized companies, including Live Legends, Unlimited Productions, Unbranded, TIG Sports and Events and Kumpany. The group will provide end-to-end solutions for the realization of large-scale live entertainment, international sports and public events and impactful brand activations. The combined business will generate over US$90 million in revenue and employ more than 230 people.

Learn more
Grafton Group has acquired Componentes Eléctricos Mercaluz
Other Industries

Grafton Group has acquired Componentes Eléctricos Mercaluz

Grafton Group plc has acquired Componentes Eléctricos Mercaluz S.A., strengthening its position in the heating, ventilation and air conditioning (HVAC) sector in Iberia. The transaction represents a further step in Grafton’s consolidation and expansion strategy in the region, following the acquisition of Salvador Escoda in October 2024. Grafton intends to support Mercaluz in its brand development and ongoing organic expansion in the fragmented Iberian marketplace.

Learn more