On May 22, 2023, Equine Network, LLC (“Equine Network”), a leading provider of best-in-class competitions, content, products and services to the equine community, announced a new partnership with Pink Buckle and Ruby Buckle, a series of prestigious barrel racing competitions for horses sired by one of the Pink or Ruby Buckle Stallions. Equine Network is a portfolio company of private equity firm Growth Catalyst Partners. Seward & Kissel is pleased to have represented Equine Network in connection with this middle market private equity transaction.
Equine Network serves over 300,000 members through its data-driven recurring membership business delivering content, competition, commerce and community to the equine world, and those that do business in it. The Pink Buckle and Ruby Buckle barrel racing futurities are designed to dramatically increase the number and quality of barrel racing performance horses, and their events promise a combined total guaranteed prize awards of over $7.0 million dollars in 2023. Growth Catalyst Partners is a middle market equity firm focused on information, marketing and tech-enabled services businesses.

Seward & Kissel LLP (www.sewkis.com) is a leading New York law firm, originally established in 1890, offering legal advice emphasizing business, financial and commercial law and related litigation. The firm’s Business Transactions Group handles middle-market M&A, private equity, venture capital and joint venture transactions involving a wide variety of industries. The firm is ranked as Highly Regarded for Corporate/M&A by Chambers USA and is recommended by The Legal 500 in the middle-market M&A category, stating that “Seward & Kissel has considerable expertise in M&A;…The team regularly acts for private equity firms, international businesses and financial services companies in a huge variety of domestic and cross-border corporate and financing transactions.”

The company’s press release describing this transaction is available here.