Sports League Platform Volo to Grow Via M&A With Bluestone Stake

Sports league organization platform Volo Sports has attracted a $21 million investment from Bluestone Equity Partners to further its expansion, including through acquisitions.

Volo Sports is the largest provider of social and recreational sports events in the US, organizing corporate and adult leagues as well as youth teams, according to a statement reviewed by Bloomberg News.

More than 500,000 players have registered on the company’s platform for soccer, basketball, volleyball and softball teams in cities such as New York, San Francisco, Boston and Denver, among others. The site hosts leagues, tournaments and events for those sports, as well as for ...