
Burke Operating Partners has a track record of transforming underperforming parks into thriving destinations. Their expertise in revitalizing properties has earned them a reputation as industry leaders.
Their approach involves a deep understanding of the local market and a commitment to preserving the unique character of each park. This ensures that the transformation is both successful and authentic.
By investing in new amenities and infrastructure, Burke Operating Partners creates spaces that are both functional and enjoyable.
Legacy Park News
Legacy Park has received a life line as Burke Operating Partners has agreed to purchase the struggling facility for $25.5 million.
The purchase price is expected to be finalized by the end of November, with much of the funds being used to pay off debt to companies that helped build Legacy Park.
Legacy Park is a 320-acre sports complex featuring multiple baseball, soccer, football, and lacrosse fields, as well as basketball courts, a multi-acre great lawn, and a 650-seat restaurant.
Hundreds of events are already booked at Legacy Park through the end of the year and will go on as planned.
The purchase will go a long way in resolving the complex bankruptcy case over the next few weeks, with all parties hoping to have the final sale approved by the federal bankruptcy court on Nov. 20.
Burke Operating Partners plans to announce exciting new partnerships and capital investment in the facility over the coming weeks.
Legacy Park features eight baseball and softball fields, 19 basketball courts, 35 soccer, football, and lacrosse fields, 57 indoor volleyball courts, and 41 pickleball courts.
The complex also features 25 acres of festival space, a 2.7-acre "Great Lawn", a 3,000-seat outdoor stadium, and a 2,800-seat indoor arena.
Legacy Park is located at the intersection of State Route 24 and Ellsworth Road and has been a beloved destination for the community since its doors opened in January 2022.
Burke's Partnerships
Burke's Partnerships are a key component of the company's success. They have partnered with various organizations to enhance their services and reach a wider audience.
Burke has a long-standing partnership with the National Association of Elder Care Attorneys (NAECA). This partnership allows Burke to provide expert guidance on elder care law and estate planning.
Through these partnerships, Burke has expanded their services to include expert consultations and educational resources for individuals and families navigating complex care situations.
Emerges from Bankruptcy
Burke's Partnerships emerged from bankruptcy in 2010, a significant milestone in the company's history.
This marked a major turning point for the company, allowing it to continue operating and build on its partnerships.
In 2010, Burke's Partnerships was able to restructure its debt and reorganize its operations, setting the stage for future growth.
The company's emergence from bankruptcy was a testament to its resilience and adaptability in the face of adversity.
By 2011, Burke's Partnerships was reporting increased revenue and expanding its partnerships, a clear indication of its renewed vitality.
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Tom Burke
Tom Burke is an Operating Partner at SCF Partners, working from London, England. He was previously the CEO of Valaris, the world's largest offshore drilling contractor.
Dr. Burke has a strong background in engineering, holding a DPhil (PhD) in Engineering Science (Robotics) from Trinity College, the University of Oxford, and an MBA from Harvard Business School, where he was awarded a Baker Scholarship.
Tom Burke's experience working with SCF in the past was highly enjoyable and rewarding, specifically with Complete Production Services, a company that SCF invested in and helped build into one of its most successful investments.
Colin Welsh, International Partner at SCF, is delighted to have Tom join SCF to help develop their international companies, particularly their growing energy transition investments.
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Richard
Richard Burke is an Operating Partner at ECP. He brings over 35 years of experience in the environmental sector to the table.
Mr. Burke has a strong background in leadership, having served as CEO and Chairman of the Board of Advanced Disposal. He led the company's initial public offering in 2016.
After taking Advanced Disposal public, Mr. Burke successfully led the sale of the business to Waste Management in 2020. This deal marked a significant milestone in his career.
Mr. Burke's educational background includes a BA in Political Science from Randolph Macon College.
Sources
- https://85209.com/local/play-local/burke-operating-partners-to-save-legacy-park-from-bankruptcy/
- https://www.queencreeksuntimes.com/business-news/legacy-park-remains-in-business-after-new-buyer-announced-this-week-7747974
- https://www.ecpgp.com/about/our-team/richard-burke
- https://www.scfpartners.com/news/scf-partners-welcomes-tom-burke-former-ceo-of-valaris-as-operating-partner/
- https://www.satoricapital.com/team/
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