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Related News
11/8/2024
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Topeka to Host NAIA 2026 and 2027 Cheer and Dance National Championships
(SportsTravel) Stormont Vail Events Center in Topeka, Kansas, will host 2026 and 2027 NAIA Cheer and Dance National Championships featuring 15 cheer and 12 dance teams in each two-day event.
Visit Topeka and Baker University will be the event hosts. The Stormont Vail Events Center is a multi-event facility featuring a 22,400 sq. ft. arena that accommodates upward of 7,500 seats.
11/14/2023
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Report: Varsity Brands Exploring IPO
(SGB UPDATE) Varsity Brands, a U.S. apparel company owned by Bain Capital and parent to BSN Sports and Varsity Spirit, is exploring a sale or initial public offering (IPO) that could value the company at more than $6 billion, including debt, sources told Reuters.
11/7/2023
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Moody’s Assigns B2 Rating to Varsity Brand’s New Debt Offering
(SGB UPDATE) Moody’s Investors Service assigned a B2 rating to Varsity Brands Holding Co., Inc.’s new senior secured first lien notes due December 2026. Varsity Brands is the parent of BSN Sports and Varsity Spirit.
9/21/2023
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Varsity Sued by Insurer Over Sex-Abuse Coverage ‘Mistake’
(Sportico) Varsity Brands’ insurance company has asked a federal judge to correct what it says was a “mistakenly truncated” policy that could end up costing it millions in light of the spate of sex-abuse litigation filed against the cheerleading giant.
Last month, Arch Insurance filed a “reformation action” in U.S. District Court, seeking a judgment that would modify Varsity’s 2018-19 commercial general liability coverage to include the same “abuse & molestation” limitations that were part of its previous and subsequent coverage.
3/28/2023
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Varsity Brands To Pay $43.5M In Antitrust Settlement
(SGB UPDATE) Varsity Brands has agreed to pay $43.5 million to settle a federal lawsuit that the student apparel company and producer of cheerleading events abused its industry dominance, causing private gyms and spectators to pay artificially inflated prices.
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