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Blue Star Sports Announces Five Acquisitions And Launch Of New Connect Suite Of ProductsDALLAS, Feb. 20, 2018 /PRNewswire/ -- Blue Star Sports, the largest and fastest growing global provider of sports technology, today announced the acquisition of five companies (TEAMINN, Crazy Raise, Eclipse Timing, Skyhawks Sports, eCamps Sports Network) and the launch of Blue Star Sports Connect, its next generation league management software platform. The closing of these five transactions increases Blue Star's total acquisition tally to 25 since April of 2016 representing an unparalleled pace of investment in global sports software and technology.
Blue Star Sports' entry into high growth verticals such as team travel, competition management and fundraising is driven by the needs of today's dynamic youth sports marketplace. The rise of travel teams and destination-driven tournaments, camps and other events has created an unprecedented increase in annual sports-related spending for families, estimated at more than $15 billion (WinterGreen Research). Team and individual travel are among the largest expenses for families, while tournament and camps attendance is seen as a fundamental albeit costly element of athlete development. As these costs of participation continue to grow for families, Blue Star Sports is compelled to invest in and grow technology platforms to help support and fund these activities. By providing fully-integrated, best-in-class technologies to its valued customers – National Governing Bodies, teams, clubs, leaues, athletes, parents and coaches – Blue Star Sports is delivering on its mission to increase participation and transform the sports experience. In 2018, Blue Star Sports will continue its focus on building the industry's first truly vertically integrated sports ecosystem through the rapid acquisition of accretive technologies and product integration as well as the organic development of market-leading platforms. The new suite of Blue Star Sports Connect products such as Association Connect, Club and League Connect, Team Connect, Officials Connect and custom platforms for major Governing Bodies exemplifies this strategy by leveraging acquired assets and investing heavily in integration and new feature functionality. "Since the formation of Blue Star Sports, acquiring leading companies in high growth verticals has been paramount to our success. The addition of these five companies and their respective team members brings significant technology assets to Blue Star Sports while adding domain expertise to our roster," said Alex Alt, CEO of Blue Star Sports. "We have made significant investments in our technology, corporate infrastructure and leadership over the past year demonstrated by the launch of Blue Star Sports Connect and the completion of our 25th acquisition. We are singularly focused on enhancing our leadership position through acquisitions and organic growth initiatives to better serve our valued customers and the youth sports marketplace at-large." About Blue Star Sports
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