November 24, 2024 10:17 pm
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Legacy Sports Park in Mesa to be acquired out of bankruptcy

(Photo via City of Mesa)

By Brandon Brown | Phoenix Business Journal

Attorneys for Legacy Cares, the nonprofit that owns the 320-acre Legacy Sports Park in southeast Mesa, announced Tuesday that a deal has been struck to sell the financially beleaguered sports complex out of bankruptcy.

Burke Operating Partners LLC, which is a private equity firm based out of the San Francisco Bay Area, will acquire the park if the deal ends up being approved by U.S. Bankruptcy Court. The PE firm’s managing partner, Mike Burke, describes his position on LinkedIn as “currently leading all aspects of several acquisitions involving businesses facing financial, legal, and/or operational challenges.”

Read the full subscription story from the Phoenix Business Journal.

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