Commercial
Sportstats Performance
- Address
- TODO, Grand Rapids, MI
- Project type
- Operating company acquisition
- Year completed
- 2023
- Status
- Completed
- Tenant
- Sportstats Performance
Sportstats Performance is a leading technology and event production company dedicated to providing world-class, objective data profiles for athletes of all ages through the use of state-of-the-art athletic testing equipment. With over 30 years of expertise in accurate event timing, Sportstats is a global leader in the industry, serving more than 400 clients and over 1,000 events annually across 35-plus countries.
The company’s services include highly reliable timing and result solutions for a variety of sports, from running and cycling to multi-sport events such as triathlons — work that materially improves the experience for both athletes and event organizers. Among the events Sportstats serves are the Grand Rapids Gran Fondo and the Grand Rapids Triathlon, both based in West Michigan.
Third Coast Development acquired Sportstats Performance in 2023, adding the company to a portfolio of operating businesses that complements the firm’s real estate practice. The acquisition reflects Third Coast Development’s interest in growth-oriented operating companies with strong cultures, durable customer relationships, and meaningful technology assets.