Monthly Finance News Magazine dedicated to reporting the key financial stories of the day from across the globe for an international corporate readership.

ASO announces Human Race takeover

0

Amaury Sport Organisation (A.S.O), owner of the world renowned Le Tour de France, and organiser of some the biggest runs and sportives in Europe, such as the Paris Marathon and L’Etape du Tour, have completed the purchase of Human Race Events. For the last 26 years South West London based Human Race have been organising many of the UK’s most popular and highly regarded mass participation events, such as the London Winter RunWindsor Triathlon and Dragon Ride L’Etape Wales by Le Tour de France.

The new relationship will offer opportunities to further improve participant experiences throughout the 30+ UK events that Human Race run annually, with the prospect of also bringing new and innovative ideas to the UK cycling, triathlon and running markets. In addition Human Race plans to be able to offer its large community of participants’ unrivalled access and opportunities to participate in the many sold-out events organised by A.S.O. across the world.

Human Race were previously backed by Epsilon Partners and Calculus Capital.

Yann Le Moenner, Managing Director of A.S.O. said“The relations forged with Human Race through our initial joint projects as well as the impressive enthusiasm and efficiency with which they were undertaken convinced both sides of the possibility and benefits of pooling our skills. Thanks to this merger, we will be able to explore some fantastic possibilities, creating new events for cycling, triathlon and running enthusiasts, inventing new formats and extending our passion for sport to the United Kingdom.”

Nick Rusling, CEO of Human Race commented: “We developed the business from nothing, twenty six years ago, to now delivering 30 events alongside 22 colleagues and hundreds of incredible event crew and volunteers.  Our passion for organising exceptional mass sport event experiences has seen 350,000 customers cross a finish line with us in that time. To be able to continue this journey alongside our new colleagues at A.S.O. is incredibly exciting as they are an exceptional business. Having worked closely with them already for two years, I am confident our beliefs and values are perfectly matched and the participants will be in for a treat with new and improved events in the future”.

Haysmacintyre was among the advisors on the transaction.

Comments
Loading...