What is SPORTIME?
Headquartered in Kings Park, New York, SPORTIME operates as a premier provider of comprehensive sports and fitness environments. The company manages an extensive portfolio of tennis courts, fitness clubs, and multi-purpose sports arenas, catering to a diverse membership base. Beyond mere facility management, SPORTIME distinguishes itself through the integration of high-caliber instructional programs, positioning itself as a cornerstone of community-based athletic development and wellness. Its business model relies on the intersection of high-quality infrastructure and professional coaching, creating a scalable framework for regional expansion.
How much funding has SPORTIME raised?
SPORTIME has raised a total of $146M across 2 funding rounds:
Debt
$2M
Debt
$144M
Debt (2020): $2M with participation from PPP
Debt (2025): $144M led by Comvest Partners
Key Investors in SPORTIME
Comvest Partners
Founded in 2000, Comvest Partners is a private investment firm providing equity and debt to middle-market companies, headquartered in West Palm Beach, Florida.
PPP
Public-Private Partnership
What's next for SPORTIME?
With the recent influx of capital, SPORTIME is expected to prioritize the modernization of its existing facilities and the potential acquisition of new sites to broaden its market reach. The strategic deployment of these funds will likely focus on optimizing operational efficiencies and expanding the reach of its proprietary instructional programs. As the company transitions into this next phase of enterprise-level growth, the focus remains on maintaining high utilization rates across its fitness clubs and tennis facilities, ensuring long-term sustainability and value creation for its stakeholders in an increasingly health-conscious market.
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