Bruin Sports Capital Names Tony Crispino As Chief Operating Officer
Former IMG Worldwide Global Finance & Operations Executive Named as Bruin Sports Capital's First Major Hire
NEW YORK, Feb. 18, 2015 /PRNewswire/ -- Bruin Sports Capital, a privately held international sports, media, marketing, branded lifestyle company, announced today that Tony Crispino has been named the firm's Chief Operating Officer. Crispino brings more than 20 years of global finance and operating experience to Bruin Sports Capital. Crispino left IMG in December and began working at the firm just after the start of 2015.
Crispino was recruited by Ted Forstmann to join IMG in 2005, marking the second time that Forstmann had called upon Crispino to help run a global business. Crispino had previously been a key executive in the growth and development of Gulfstream, Forstmann Little's most successful acquisition ever. Upon his arrival at IMG, Crispino was tasked with the restructuring and creating value across global finance and operations for the golf, tennis, fashion, events, consulting, licensing, collage, performance training and media business units of the company. During this time, he was critical in establishing finance and operational framework that would enable the businesses to grow and drive value across the company. In 2010, Crispino was appointed as the COO of IMG College in order to oversee the integration and growth of the fastest growing business unit within the company.
At Bruin Sports Capital, Crispino will be responsible for the overall business and its operations, including business development and financial management.
"I am thrilled to have Tony join me in this new venture at Bruin Sports Capital," said George Pyne, Founder and CEO of Bruin Sports Capital. "Tony is trusted by everyone with whom he has worked with and has developed a proven track record of success throughout his career."
"After working with George for many years to build a global business at IMG, I am energized to have the opportunity to work with him again on this unique opportunity, and serve as the Chief Operating Officer at Bruin Sports Capital," said Crispino. "Based on George's track record of value creation at NASCAR and IMG, I have no doubt that Bruin Sports Capital will be successful. I am excited about the future prospects of building businesses around the world, while creating value for Bruin Sports Capital's partners and investors."
About Bruin Sports Capital
Bruin Sports Capital is a privately held international media, sports, marketing and branded lifestyle company. Bruin Sports Capital raised $250 million in equity capital, which provides for $500 million dollars in buying power to acquire, operate and build businesses in the respective segments. WPP, the world's largest communications services group, is leading Bruin Sports Capital's international syndicate of investors. George Pyne, an American business executive, founded Bruin Sports Capital in 2014. Pyne's twenty-five year record of accomplishments in building businesses and superior management teams led to the transformation of both NASCAR and IMG, creating billions of dollars in shareholder value for the respective companies. Bruin Sports Capital's investor base, along with Pyne's reputation, will allow access to the best deals, and will provide a long-term and flexible capital structure, operating expertise and a heightened speed of execution. Bruin Sports Capital's global access and wherewithal will position the company for unparalleled value creation opportunities.
For more information, go to www.BruinSportsCapital.com.
BRUIN SPORTS CAPITAL
NEW YORK, NEW YORK
WWW.BRUINSPORTSCAPITAL.COM
RUBENSTEIN PUBLIC RELATIONS
CONTACT: MEGAN WILSON, 212.843.9335
[email protected]
SOURCE Bruin Sports Capital
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