Earlier today we reported that North American Sports (NAS) could be in the process of being acquired by Providence Equity Partners, the private invest fund that recently purchased the World Triathlon Corporation (WTC).
"Change is coming," said Graham Fraser the President of North American Sports this evening when asked about the potential acquisition. "Let's just say that there is a meeting in Boulder on Tuesday," he added.
Does this mean a potential merger, sale, or partnership with WTC and Providence Equity Partners for North American Sports?
We suspect that any or perhaps all of these of options are in the cards.
NAS is headquartered in Boulder, Colorado and manages the other North American Ironman races including Ironman:
Canada, Arizona, Wisconsin, Lake Placid, Coeur d' Arlene Florida