Cal Ripken Jr.’s business enterprise has received what is being billed as a “significant” minority investment from a New York firm. LionTree Partners, the investment arm of LionTree LLC, took the undisclosed stake in Ripken Baseball. Ripken Baseball, founded by Cal and brother Bill in the early 2000s, has a major focus on youth sports, operating several baseball complexes across the U.S. The company plans to use the money for growth initiatives including expansion and new digital products. The…
from https://www.bizjournals.com/baltimore/news/2018/08/07/ripken-baseball-receives-significant-minority.html?ana=RSS&s=article_search
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