Holland & Knight Advises Attain Sports in Acquiring Controlling Interest in Aberdeen IronBirds

TYSONS, Va. (October 2, 2024) – Holland & Knight represented Attain Sports in its purchase of controlling interest in IB Professional Holdings, the owner of the Aberdeen IronBirds, Class A affiliate of the Baltimore Orioles, from Hall of Famer Cal Ripken Jr. and former Major League Baseball (MLB) veteran Bill Ripken. The deal was announced on October 1.

Attain Sports is a sports team operator led by Greg Baroni, also owns the Bowie Baysox, Double-A affiliate of the Baltimore Orioles; the Frederick Keys, a collegiate summer baseball team of the MLB Draft League; the Spire City Ghost Hounds of the Atlantic League Professional Baseball; and the Loudon United Football Club of the United Soccer League. Holland & Knight led the acquisitions of these teams as well.

The acquisition of IB Professional Holdings presents an opportunity to grow Attain Sports, which will continue to deliver baseball as affordable entertainment with a commitment to community engagement, exceptional customer service and innovative experiences. The Ripkens will remain part of the ownership group.

Holland & Knight Partners Adam August and Aaron Goldberg led the firm's representation of Attain Sports. They were assisted by Associates Brittany Cangelosi and Katya Mingov.

More information on the transaction can be found here.

Recently recognized as the Private Equity Law Firm of the Year by the Global M&A Network, Holland & Knight regularly ranks among the leading M&A and private equity law firms in reputable, benchmarking league tables published by Bloomberg, LSEG, Mergermarket, PitchBook and The Deal. Through the HK Deal Flow℠ program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.