Prince Global Sports is relocating its corporate headquarters to
Atlanta. Prince is finalizing a lease agreement to move into commercial
property in the Buckhead area.
Prince is one of the world’s oldest and most respected tennis and
squash brands and will relocate from corporate offices in New Jersey.
Chief Executive Officer Mike Ballardie said Prince has been an iconic
brand in the tennis industry more than 40 years and feels Atlanta is a
natural location for Prince Tennis’ headquarters.
“As we continue
our growth as a global company, we see Atlanta and its vast resources
as a perfect fit for our management, sales and marketing teams,”
Ballardie said. “Atlanta has a thriving tennis community with more men,
women and children playing tennis than any other U.S. city, making it a
great home base for Prince. As a global brand we are involved at all
levels of the sport from juniors to supporting key professionals in
tennis and squash tournaments all over the world. Leveraging our assets
with Atlanta’s location, talented workforce and the travel options
offered by Hartsfield-Jackson Atlanta International Airport will be a
tremendous benefit to the company.”
“I am thrilled that Prince
Global Sports has chosen Atlanta for their corporate headquarters and
pleased to welcome them to Buckhead,” said Atlanta Mayor Kasim Reed.
“Atlanta is a natural home for Prince given the city’s love of tennis
and our position as a leading distribution and logistics hub.”
Dan
Corso, senior vice president of sports at the Metro Atlanta Chamber and
executive director of the Atlanta Sports Council, sees tremendous
potential in Prince’s move to the region.
“We are pleased to
welcome Prince Global Sports, one of the best-known brands in tennis, to
Atlanta,” Corso said. “Sports is a large economic driver for our
region, both through company operations and hosting ongoing events like
the BB&T Atlanta Open, and it serves as a tremendous quality of life
attribute for our five million-plus residents and visitors.”
Atlanta
boasts the largest city tennis league in the world with more than
80,000 members of the Atlanta Lawn Tennis Association (ALTA), which was
established in 1934. The sport’s profile in Atlanta gained tremendous
global exposure during the 1996 Centennial Olympic Games in Atlanta.
Ballardie
said the company is relocating its product research, development and
player servicing activities to the IMG Academy in Florida, alongside the
recently opened Prince Innovation Center.
Prince, which is owned
by Waitt Company of Omaha, Neb., has several of the world’s top players
promoting the Prince brand. In tennis they include David Ferrer, John
Isner, doubles team Bob & Mike Bryan, Daniela Hantuchova and
reigning Wimbledon champion Marion Bartoli.
In the sport of squash
Prince boasts both the world number one players – Ramy Ashour and Nicol
David. Ballardie anticipates several of their top tennis players will be
in town for the BB&T Atlanta Open this July, which draws tremendous
crowds to the Atlantic Station. He noted the company looks to host
special events in conjunction with this summer’s tournament.
By press reelase
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