April 19, 2023
Hunton Andrews Kurth LLP represented HBG Core Holdings, LLC in the sale of ARMS Software, LLC to Teamworks Innovations, Inc. ARMS Software is the leading solution in collegiate athletics for recruiting talent, managing compliance, automating operations and streamlining camps. Teamworks Hub offers over 6,000 elite sports teams purpose-built technology that drives operational excellence and leads the market in athlete and coach engagement. Financial terms of the transaction are confidential.
“The HBG and ARMS teams are excited about the transaction with Teamworks and excited for the future of the combined company. Thanks to the Hunton team for their hard work and advice throughout the process and for helping us get the deal done,” said Mike Hurt, CEO of ARMS Software, LLC. “Hunton has been and will continue to be HBG’s partner of choice on all legal matters including buy side and sell side transactions. They constantly exceed our expectations.”
The Hunton Andrews Kurth team advising on the transaction was led by partner Michael Goldman with assistance from associates Charles Matthews and Marissa Rogers.