Elm Creek Partner Sponsors the Merger of Multiple Urban Air Franchisees
April 5, 2022

Elm Creek Partners,  a Dallas, TX-based private investment firm, is pleased to announce that it  sponsored the acquisition and aggregation of multiple franchisees in the Urban Air Adventure Parks system in  partnership with franchise owners, Parker Coddington, Justin Ripp and Keegan  Ripp. This aggregation, combined with the simultaneous recapitalization of  the combined platform by Exaltare  Capital Management, created Elevated Venture Group (“EVG”). EVG  operates across multiple states, is one of the largest Urban Air franchisees,  and represents the first institutional capital in the Urban Air franchisee  system.

Urban Air Adventure Parks are the Ultimate  Indoor Adventure Park where kids of all ages (and kids at heart) can explore  thrilling attractions, challenge their body and mind, and most  importantly…have a blast! There are over 156 parks open and 329 under  development across the United States and growing.

About  Elevated Venture Group

Texas-based  EVG is a portfolio company of Boston, MA based Exaltare Capital Management.  Exaltare focuses on franchise and consumer businesses. Partnering with  Operators, Founders and Managers, Exlatare invests in lower middle market  companies in the following segments: Franchisee & Franchisors, Health  & Wellness, Consumer goods, Food & Beverage, and Beauty &  Personal Care.

About  Elm Creek Partners

Elm  Creek Partners focuses on lower middle market private investments  in the manufacturing, business services, and healthcare markets.   Initial platforms typically generate between $10-$50 million in revenue and  $2-$8 million in EBITDA.  Elm Creek Partners seeks to partner with  talented entrepreneurs, focused on niche opportunities in evolving end  markets.


For  more information about this transaction or Elm Creek Partners, please contact  either Aaron Handler (aaron@elmcreekpartners.com)  or J.J. Barto (jj@elmcreekpartners.com)