Murry Gunty and Printscape Imaging and Graphics Overhaul the Arena at Southpointe

Murry Gunty

March 9, 2018 – Murry Gunty and Printscape Imaging and Graphics are going all out to make sure the renovated Printscape Arena at Southpointe has a revitalized aesthetic for the family-focused facility.

Working with Murry and Black Bear Sports Group, Inc., Printscape was given a unique opportunity that they we’re not entirely familiar with. Printscape Imaging and Graphics in Pittsburgh typically outputs graphics and signage for other brands, but this new opportunity required massive prints of the shop’s own logo. Printscape obtained naming rights to the local ice and sports arena and used a plethora of their wide-format printers to create exterior and interior signage that would rebrand the entire facility with its new aesthetic. The installation took two weeks and included 3500 square feet of printed signage.  

Black Bear Sports Group and Affiliate Acquires Eighth Ice Arena

February 25, 2018 – “We’re very excited to be investing in another vibrant New Jersey hockey community,” BBSG CEO Murry Gunty said.  Black Bear Sports Group (BBSG), Inc. has acquired substantially all of the assets of the Jersey Shore Arena in Wall Township, NJ. The Arena houses three sheets of ice and serves youth hockey and other ice sports participants in Monmouth County. In addition, the Arena features a pro shop, laser tag, the Penalty Box Café, and a high performance training gym utilized by youth and high school hockey clubs.  Murry Gunty expressed “we are proud to be the home to over 15 local high school hockey programs and the Jersey Shore Wildcats youth hockey club. We look forward to modernizing the facility to provide our customers with a first-class ice rink in this proud hockey state.”

Since 2015, while also being CEO and founder of Blackstreet Capital Holdings, LLC, Gunty has been seeking investments in sports and entertainment facilities and youth sports events.  “Our arenas are clean and professionally managed, and offer world class recreational offerings. We focus on: ice arenas in metropolitan areas with compelling demographics; markets with a National Hockey League club presence; and arenas with an existing Tier I or Tier II youth hockey presence,” says Gunty.  BBSG currently owns and operates eight arenas across the United States with a total of 15 sheets of indoor ice and two indoor turf fields.

 

 

Printscape Signs Multi-Year Naming Rights Agreement

Nov. 2,2017 – Murry Gunty of Blackstreet Capital and Black Bear Sports Group, Inc. along with its operating partner Ice Rink Performance Group have announced a multi-year naming rights agreement to change the Iceoplex facility name to Printscape Arena at Southpointe. “I appreciate Printscape’s confidence in our facility and our operating team. We are also pleased to welcome Bubba Snider and his restaurant Bubba’s Gourmet Burghers and Beer. They will be a great asset to all of our constituents,” said Black Bear Founder and CEO Murry Gunty.

Printscape Imaging and Graphics owner John Dziak stated, “we are proud to partner with such a positive community asset. The Printscape Arena at Southpointe is all about providing the citizens of the South Hills a multitude of participatory sports programming as well as affordable family entertainment that promotes physical activity and healthy lifestyles without burdening taxpayers.”  Bubba’s Gourmet Burghers and Beer is owned and operated by local radio personality Bubba Snider who said,  “we are excited about the Printscape Arena at Southpointe location and plan to bring simply the best Burgher you have ever eaten to Southpointe. All of our food is 100% fresh and never frozen.”

The facility has also added new amenities and program offerings including the Southpointe Fitness Center, the Southpointe Chamber of Commerce Network Center and First Strides, a physical education  program for schools that provides an introduction to hockey including free use of head-to-toe hockey gear for all participants

 

Southpoint’s former Iceoplex building renamed, plans for new restaurant announced

 

Nov. 3, 2017 – With the help of Murry Gunty from Blackstreet Capital, Southpointe’s legacy sports complex has been officially renamed Printscape Arena at Southpointe.  

The 22-year-old arena will operate 365 days a year and continue to provide world-class facilities for hockey teams of all ages, as well as soccer, volleyball, lacrosse and other sports.

Homegrown businesses took advantage to associate with such a “unique opportunity.”  Printscape Imaging and Graphics, a local print shop that specialized in branding solutions for companies, signed a multi-year agreement for the rights to the name.  Co-owners Bubba Snider and U.S. Navy retiree Ed Kelly will be opening Bubba’s Gourmet Burgers, another locally owned and sourced business.

Murry Gunty and Blackstreet Capital own multiple arenas around the country and collectively draw 4 million and 5 million a year.

Western Capital Resources, Inc. Announces Sale of AlphaGraphics, Inc.

Oct. 3, 2017 – Western Capital Resources entered into a Purchase and Sale Agreement with MBE on October 3, 2017, pursuant to which the Company agreed to sell all of the capital stock in AlphaGraphics, the sole business comprising the Company’s franchise segment, for an aggregate purchase price of $61,500,000 (subject to adjustment), less approximately $1,185,600 in payments to AlphaGraphics to satisfy obligations to its other security holders.

AlphaGraphics has been owned or controlled by Blackstreet Capital Partners II, LLC (“Blackstreet” or “Blackstreet Capital”) and its affiliates since January 2012, when Blackstreet purchased AlphaGraphics out of a U.K. bankruptcy sale, and later contributed AlphaGraphics to the Company.  Under Blackstreet’s control, AlphaGraphics was able to stabilize and grow its franchise base as well as substantially grow its earnings.  Blackstreet is a private investment firm and registered investment adviser based in Chevy Chase, MD, and founded by Murry Gunty.  “We have enjoyed our relationship with AlphaGraphics and its franchisees over the years,” said Murry Gunty, Blackstreet founder and CEO.  “We believe they are in very capable hands with MBE, which is positioned to do great things with the business going forward.”

Western Capital Resources, Inc. (WCE) is a publicly traded company based in Omaha, Nebraska.  They are focused on growing through the acquisition of established lower middle-market businesses with up to $100 million in sales.  WCE are industry agnostic, and target leaders in niche industries or geographies, as well as opportunistic purchases of businesses that we believe can be improved operationally.  They have a particular interest in situations involving businesses facing succession dilemmas, corporate divestitures, and businesses in out-of-favor industries.  Our strategy is to build a diversified portfolio of businesses that generate strong operating cash flow.

Blackstreet Capital Holdings and Affiliates Purchase Fifth and Sixth Ice Arenas

BCH affiliate purchases two ice rinks in Chicago suburbs

August 15, 2017 – Led by President Murry Gunty, Piney Ice Holdings, Inc., (“Piney”) an affiliate of Blackstreet Capital Holdings, LLC (“BCH”) and Ice Rink Holdings, LLC, has acquired the American Heartland Arena in Lincolnwood, IL, and Center Ice of DuPage in Glen Ellyn, IL.  Managed by Ice Rink Performance Group, the arenas will provide the suburbs of Chicago three high performance facilities for recreation, world-class training, and affordable family entertainment.  “Chicago is passionate about ice hockey and figure skating and we’re thrilled to be able to provide quality rinks and services to the community,” said Gunty.

With Piney already operating six arenas throughout the United States it looks to invest in properties they can transition into high quality entertainment and youth sports facilities.  BCH works to find solutions for a range of middle market businesses or corporate orphans that are struggling or seeking to restructure.  “We are focused on helping the underlying business stabilize and grow over the long-term,” said Gunty.   

Blackstreet Capital Holdings Invests in Auto Cash of Georgia

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Gunty, BCH affiliate makes loan to title lender

December 22, 2016 – Auto Cash Financing, Inc., has entered into a loan agreement with Auto Cash of Georgia. They are an affiliate of Blackstreet Capital Holdings (BCH), led by CEO Murry Gunty. Auto Cash of Georgia has 8 retail locations and is the leading title lender in the Atlanta area.

“This is an opportunity to work with a very well-managed company in the title lender industry,” said Murry Gunty, CEO of BCH. “We are looking to actively invest in title lenders. We know other consumer finance businesses as banks and traditional financial sources increasingly exit the industry. Our management team has deep experience in this industry and we are looking for opportunities to expand our exposure to these types of businesses both as lenders and owners.”

“Our partnership with BCH will allow Auto Cash to expand operations,” said Auto Cash CEO Judson Browne. “We are pleased to have engaged partners with BCH’s level of expertise and a strong commitment to our business.”

BCH is a diversified holding company that seeks investments in debt and equity of companies. These are either underperforming, in out-of-favor industries or are undergoing some form of transition. BCH invests in a range of industries including education, manufacturing, sports and entertainment, distribution, ecommerce, technology, and franchising.

About Blackstreet Capital Holdings, LLC

Blackstreet Capital is a Chevy Chase, MD based diversified holding company run by Murry Gunty and Lawrence Berger. BCH currently has equity and debt holdings in education, consumer finance, and sports and enterainment.

Blackstreet backed DAI acquires TravelSmith and Chasing Fireflies

Murry Gunty

Gunty to revive TravelSmith

March 25, 2017 – Distinctive Apparel Inc, which is backed by Blackstreet Capital Management, has bought the assets of catalog and internet retailers TravelSmith and Chasing Fireflies. The seller was Cornerstone Brands, a Home Shopping Network unit. Murry Gunty leads Blackstreet Capital Management.

DAI, headquartered in Randolph, Massachusetts, owns leading apparel brands including Chadwicks of Boston, Metrostyle and Territory Ahead all of which sell direct to consumers through the Internet and catalogues. “We are thrilled to acquire these two well-known brands,” said Aldus Chapin, CEO of DAI. “We look forward to reinvigorating TravelSmith and Chasing Fireflies and bringing unique and exciting products to their loyal customers.”

“The veteran DAI management team, led by Aldus Chapin, has deep experience successfully purchasing great apparel brands and there is no better team to revive and grow TravelSmith and Chasing Fireflies,” said Murry Gunty, BCM Managing Partner. “These brands will enhance DAI’s portfolio by adding a premier travel brand and a leading children’s apparel and costume brand to already strong and well known men’s and women’s apparel brands that they currently own.”

About Blackstreet Capital
Blackstreet Capital is a Chevy Chase, Maryland-based private equity firm. Blackstreet Capital focuses on investments in under-performing orphans with up to $150 million of revenue primarily located in the eastern half of the United States. To date, Blackstreet Capital has invested in 30 companies with combined sales in excess of $1.5 billion with over 8,000 employees.

New ownership for Piney Orchard Ice Arena

Murry_Gunty

Gunty plans expansion for Piney Orchard

February 10, 2017 – The Piney Orchard Ice Arena has been bought and the new owners plan to upgrade it and expand the ice hockey programs.

Piney Ice LLC, an affiliate of Blackstreet Capital Holdings LLC, and Bob Weiss, operator of the Rockville Ice Rink, acquired nearly all of the assets of the facility. Located in Odenton, the Piney Orchard Ice Arena was once the practice facility for the Washington Capitals. The year round indoor ice arena is home to many youth hockey and figure skating clubs. The terms of the deal were not disclosed.

“It’s really exciting to see some money invested in a facility that provides an outlet for our kids,” said Claire Louder, head of the West County Chamber of Commerce. “We have so few recreational opportunities in this area.”

The new plan for the arena includes expanded ice hockey programs for all ages, deeper relationships with local high schools and “an improved cornerstone for our community,” officials said.

This partnership “will enable Piney Orchard to upgrade the facility and continue to reliably serve the growing hockey and figure skating communities of the Washington, DC metro area,” Weiss said in a statement. “With BCH’s commitment, we look forward to turning Piney Orchard into one of the leading ice rinks in the USA.”

Built in 1991, the 42,375-square-foot rink was billed as the jewel of the Piney Orchard housing development. The Piney Orchard Master Partnership owned it until 1996, when it was sold to U.S. Ice Forums LLC for an undisclosed price, according to The Capital archives. The facility changed hands later that year when Trizec Ice Inc. took over U.S. Ice Forums.

With the recent changes, Weiss will assume management of the Piney Orchard rink. He and his family run the three-sheet Rockville ice arena and the hockey program Team Maryland.

“We’re excited to facilitate the growth of ice skating sports in this region,” Murry Gunty, CEO of BCH, said in a statement.

Seven Bridges Signs Long Term Deal With Team Illinois

Murry-Gunty

Blackstreet and Gunty’s latest acquisition

January 8, 2017 – Seven Bridges Acquisition has signed a long term ice rental agreement with the Tier 1 AAA Hockey Organization, Team Illinois. This will make Seven Brides Ice Arena their home rink for the elite hockey club. Seven Bridges Acquisition is an affiliate of Blackstreet Capital Holdings. BCH is led by Murry Gunty, Chief Executive Officer, and Lawrence Berger, Chief Investment Officer

Seven Bridges Ice Arena is a year-round indoor two-sheet ice arena. It is home to numerous youth hockey and figure skating clubs. The Facility also contains a popular turf field used for indoor soccer and the Blue Line Bar and Grill restaurant. This also contains an off-ice workout area and locker rooms dedicated for its Tier 1 and High School hockey teams. The Company purchased the debt of the Facility months ago and recently completed a successful foreclosure on the property.

“We are thrilled to be moving to Seven Bridges Ice Arena starting with the 2017 hockey season,“ said Larry Pedrie, Team Illinois Director of Hockey. “The Facility will allow us to grow our program and provide the best Tier 1 hockey experience in the Chicago area for our families. We are thrilled to be partnering with Seven Bridges over the long term.”

“We’re honored that Team Illinois chose to make Seven Bridges their partner,” said Murry Gunty, CEO of BCH. “We look forward to turning the Facility into a true home for Team Illinois’ players, coaches and families. We are excited to finally have an anchor tenant who is looking for a long term partnership. This will enable us to return the Facility to its place as the best venue in the Chicago area.”

About Blackstreet Capital Holdings, LLC

Blackstreet Capital Holdings, LLC is a Chevy Chase, MD based diversified holding company run by Murry Gunty and Lawrence Berger. BCH currently has equity and debt holdings in education, consumer finance, and sports and entertainment. Gunty and Berger have deep experience buying companies that are either underperforming, in out-of-favor industries or are undergoing some form of transition. BCH seeks investments in a range of industries, including education, manufacturing, sports and entertainment, distribution, ecommerce, and franchising.

About Team Illinois

Team Illinois is the most respected Tier 1, AAA Hockey Organization in Illinois. Team Illinois participates in the most competitive AAA league in the United States. It is called the High Performance Hockey League. Is widely recognized as the most prestigious tournaments in North America.