Black Bear Sports Group Acquires 12th Ice Arena

Black Bear Sports Group adds third facility in New Jersey

Black Bear Sports Group Acquires 12th Ice Arena
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An affiliate of Black Bear Sports Group, Inc. (“Black Bear” or the “Company”) has acquired Aspen Ice Arena in Randolph, NJ (the “Arena”). The Arena houses two NHL-size ice sheets, an exercise studio and is home to the New Jersey Freeze Youth Hockey Club, Delbarton School Green Wave, Randolph Rams High School and various other local high school and recreational hockey programs. Black Bear was founded by Murry Gunty in 2015.

​“Aspen Ice is a first-class facility and will be one of the premier rinks in our portfolio,” said Murry Gunty, CEO of Black Bear. “Many talented hockey players and skaters call the Arena their home ice and we are excited for continued expansion in New Jersey—one of the top hockey states in the country. Through our network of coaches and junior hockey teams, we offer players in our ice rinks a unique opportunity to advance from youth hockey to junior hockey and into college and beyond.”

Aspen Ice is the third acquisition for Black Bear in New Jersey. Black Bear also owns and operates Ice Land Skating Center in Hamilton, NJ, home of the Mercer Chiefs, and Jersey Shore Ice Arena in Wall, NJ, home of the Jersey Shore Wildcats.

“New Jersey is a hockey state,” said Ryan Scott, Vice President of Black Bear. “We are excited to bring our industry knowledge and hockey network to northern New Jersey. Youth hockey continues to expand in the area and the Arena is a proud partner of the New Jersey Devils’ Learn to Play program.”