Sportstats Announces Acquisition by New Ownership Group
April 4, 2023
Sportstats, One Of The World’s Largest Timing And Results Companies, Continues To Grow With Announcement Of New Ownership Group
GRAND RAPIDS, MICHIGAN /ENDURANCE SPORTSWIRE/ – Sportstats World, one of the world’s largest sports timing companies and a leader in the endurance sports timing industry, is proud to announce the successful completion of an internal sale to an investment group led by its Director of Operations and Lead Timer, A.J. Mousseau and Grand Rapids-based Carbon River Capital.
Former owners, Marc Roy, and Isabelle Fradette will remain in leadership roles to provide support and guidance during the transition. Current leadership and operations teams in both of the company’s Canada and United States-based offices will remain in place to continue the partnerships and support for all events moving forward.
Roy and Fradette have been at the helm of the business since purchasing the company in 1995, building the business from a small local timing company to an industry leader and establishing the brand at the forefront of timing service innovation.
“Selling the company was a big decision but we know it’s the right decision,” said Marc Roy. “We have poured our hearts and souls into building this business and after thirty years we are proud of what we’ve accomplished and the legacy we’ve created and are excited to see where the new owners will take the business. We have worked with A.J. for the past ten years and are confident in his skills to bring Sportstats to the next level.”
Founded in 1991, Sportstats World has offices in Canada, Thailand, and the United States, and has a track record of more than 1,300 races timed annually, with over two million athletes timed in 2019. The company works with some of the world’s largest races and brands, including The IRONMAN Group, U.S.A. Triathlon, Canada Running Series (CRS), Challenge Family, Clash Endurance, Professional Triathletes Organization (PTO), Ottawa Race Weekend, and Lilac Bloomsday Run.
“I am thrilled for the opportunity to continue the legacy that Marc and Isabelle have built and to provide our clients with world-class service,” said A.J. Mousseau. “I look forward to building our brand, our services, and finding new and innovative ways for Sportstats to have a positive impact on the endurance sports community.”
Sportstats World would like to thank its employees, clients, and partners for their continued support and looks forward to a bright future under the new leadership.
For more information about Sportstats World, please visit the company’s website at www.sportstats.one.
About Sportstats World
Sportstats provides sports statistics via internet and mobile applications. The company offers computerized finish line timing and results. Sportstats serves customers worldwide as one of the largest sports timing company in the world, Sportstats has offices in Thailand, Singapore, Canada, and the United States. With more than 1,300 races timed annually and more than two million athletes timed in 2019, Sportstats remains one of the world leader in event timing. The company was founded in Ottawa, Ontario, in 1991.
A.J. Mousseau, CEO