Hamilton Lane IncHamilton Lane's Impact platform participates in the investment, indicating capital deployment and potential returns.

St. Cloud Capital has made a growth capital investment in RCX Sports, the leading professional-league-backed youth sports platform in North America, as part of Brand Velocity Group's acquisition of the company. The investment comes from St. Cloud's fourth fund, which has committed capital of $236 million, and includes participation from Hamilton Lane's Impact platform. RCX Sports manages official licenses for the NFL Flag, MLS GO, Jr. NBA & Jr. WNBA Leagues, MLB Pitch, Hit & Run, and NHL STREET, among others. The company aims to use the capital to expand youth sports participation and keep programs affordable and accessible for families.
Hamilton Lane IncHamilton Lane's Impact platform participates in the investment, indicating capital deployment and potential returns.
RCX Sports receives growth capital investment to expand youth sports participation.
St. Cloud Capital makes a growth capital investment from its fourth fund.
Brand Velocity Group is acquiring RCX Sports, a growth investment.