The Tennis Industry Association (TIA) entered a strategic partnership with Sports Club Advisors (SCA) of Chicago in the areas of strategic management and financial advisory services for tennis clubs and facilities.
Through the TIA’s “Strategic Management Initiative,” Sports Club Advisors will provide a range of services that tennis and health facility owners can take advantage of, including Mergers & Acquisitions, Business Broker Services, Exit Planning Services, Business Valuation, Industry Benchmarking, Operational Consulting, Education & Certification, Executive Search Services, and Raising Capital.
“The TIA recognizes the need to provide sophisticated financial advisory services to its members as facility managers and owners navigate the challenges of operating a tennis facility in the 21st century,” said TIA Executive Director Jolyn de Boer. “With this partnership, facility owners now have a place to go for resources, education and assistance.”
Sports Club Advisors also is now a part of the new TIA Knowledge Base (tennisuniversity.org/strategic-management), which provides tennis industry businesses with resources and information to help them succeed.
Sports Club Advisors is led by Jim Bates and Rich Jackim. Bates, who co-authored the book “Business Valuation for Dummies,” has been in the tennis business for 30 years, and Jackim, a former merger & acquisitions attorney and investment banker, has held senior leadership roles at national firms.
“Rich and I are passionate about helping privately held business owners,” Bates said. “We are excited about the role we can play to help further this game and this industry.”
