Arena Racing Corporation Limited

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Arena Racing Corporation Limited - overview

Established

2012

Location

London, -, UK

Primary Industry

Travel & Leisure

About

Arena Racing Corporation Limited is a leading organizer of horse and greyhound racing events in the UK, operating multiple venues while providing a comprehensive range of racing entertainment and related services. Founded in 2012, Arena Racing Corporation Limited is based in London, UK, and specializes in managing horse racing and greyhound racing events. The company was co-founded by Ricky Dennis, who has a history of involvement in the racing industry. Martin Cruddace serves as the current CEO of the company.


Arena Racing Company (ARC) specializes in organizing and managing horse racing and greyhound racing events across multiple venues in the United Kingdom. The company operates 21 racecourses, catering to over 1. 2 million racegoers annually. ARC’s offerings include the All-Weather Championships, Arabian Racing, and various membership programs designed for owners and trainers.


In addition to racing events, ARC provides venue hire services under the brand "YourVENUE," which allows clients to host a variety of occasions from large-scale events to intimate gatherings. ARC positions itself as a comprehensive provider of racing entertainment and venue solutions, serving diverse clientele including sports enthusiasts, event organizers, and corporate clients across the UK. In 2023, Arena Racing Company reported a revenue of USD 246. 20 mn and an EBITDA of USD 38.


09 mn. The company generates revenue primarily from ticket sales for racing events, venue hire services, and membership subscriptions. It operates a transaction structure that includes direct sales to consumers for race day tickets and venue hire, as well as potential partnerships with sponsors and advertisers for event promotion. Arena Racing Corporation Limited is focused on expanding its market reach and enhancing its service offerings.


The company plans to launch new racing events and initiatives aimed at attracting a broader audience. Additionally, ARC has identified opportunities for expansion into new geographic regions within the UK by 2025, aiming to increase its footprint and enhance customer engagement. The recent funding will be utilized to support these growth initiatives and enhance operational capabilities.


Primary Industry

Travel & Leisure

Sub Industries

Hotels & Accommodations, Professional Sports/eSports, Recreational & Entertainment Facilities

Website

www.arenaracingcompany.co.uk

Total Amount Raised

Subscriber access only

Arena Racing Corporation Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
MergerCompletedArena Leisure Plc, Northern Racing Ltd-

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