Basketball Holding Company Explained

Type:Private
Founded:2022
Founder:Gediminas Ziemelis
Hq Location:Vilnius

Basketball Holding Company (BHC) is a sports and entertainment investment company, based in Vilnius. The company manages such clubs as BC Wolves Twinsbet, Sandstrom Shooters, and Helsinki Seagulls.[1] [2] [3] BHC's sports leadership team includes Gediminas Ziemelis, Rimantas Kaukenas, Andrius Ziauberis, Rytis Davidovicius, Arif Almeri and Tomas Vaisvila.

History

The company was founded by a group of investors led by Gediminas Ziemelis,[4] including Thomas Klein, Justas Pikelis, Jonas Valanciunas, Nikita Sergienko, Ramunas Audzevicius, and Jonas Drasutis in 2022.[5] [6] In the same year, BHC also established BC Wolves and entered the team into the top tier of the Lithuanian Basketball League (LKL).[7]

In August 2023, Lithuanian national team captain and NBA player Jonas Valančiūnas became an investor.[8] [9]

In October 2023, BC Wolves secured first EuroCup victory by defeating Beşiktaş at the Avia Solutions Group Arena in Vilnius.[10]

By November 2023, the organizational and administrative steps to establish a second team, BC Sandstorm Shooters, located in Dubai, UAE, had been finalized.[11] [12]

In April 2024, Twinsbet was announced as the main naming partner for BC Wolves Twinsbet and the renamed Twinsbet Arena, formerly known as the Avia Solutions Group Arena. Operated by the Nese company, Twinsbet's appears on the BC Wolves jerseys and the team's home arena.[13]

In August 2024, BHC became co-owners of the Helsinki Seagulls, who play in Finland's top-tier division, the Korisliiga.[14] [15] [16] [17]

BHC's key commercial partners include Twinsbet, Boeing, ATLAS, KlasJet, Neo Denta, Avis, the Rimantas Kaukenas Foundation, Aves Aero etc.

Clubs & Assets

References

  1. Web site: "Wolves" valdanti Gedimino Žiemelio kompanija įsigijo Suomijos klubą . 2024-09-16 . 15min.lt/24sek . lt.
  2. Web site: "Wolves" savininkai skelbia įsteigę klubą Dubajuje . 2024-09-16 . Krepšinis.lt . lt.
  3. Web site: "Wolves" valdanti G. Žiemelio kompanija įsigijo Suomijos klubą . 2024-09-16 . www.lrytas.lt.
  4. Web site: G.Žiemelis ir "Basketball Holding Company" suskubo paaiškinti: "Rusiją ir Baltarusiją pašalinome iš bet kokių savo planų" . 2024-09-16 . sportas.lt.
  5. Web site: Gedimino Žiemelio klubo ėjimas: rado krepšinio operacijų vadovą . 2024-09-16 . 15min.lt/24sek . lt.
  6. Web site: Pokyčiai AB "Basketball Holding Company" valdyboje . 2024-09-16 . www.alfa.lt . lt.
  7. Web site: 2022-06-30 . Naujasis Vilniaus krepšinio klubas vadinsis BC "Wolves", bet į sostinę kelsis tik po metų - Sportas24 . 2024-09-10 . lt-LT.
  8. Web site: Jonas Valanciunas invests in EuroCup team . 2024-09-10 . basketnews.com . en.
  9. Web site: TPG . Tufi . 2023-08-17 . Jonas Valanciunas invests in EuroCup team . 2024-09-10 . Basketball Sphere . en-US.
  10. Web site: 2023-10-24 . Wolves edge Besiktas 90-88 for first-ever EuroCup win . 2024-09-10 . www.euroleaguebasketball.net.
  11. Web site: 2023-11-28 . Žiemelio bendrovė įsteigė krepšinio klubą Dubajuje . 2024-09-10 . lrt.lt . lt.
  12. Web site: G.Žiemelis Dubajuje įkūrė įmonę ir krepšinio klubą . 2024-09-10 . krepsinis.net . lt.
  13. Web site: Naujas rėmėjas koreguoja "Wolves" komandos pavadinimą . 2024-09-10 . krepsinis.net . lt.
  14. Web site: M. Balčiūno pareiškimas apie "išrūpintą diplomą" kelia aistras: prakalbęs L. Kleiza pažėrė ir keiksmažodžių . 2024-09-10 . www.lrytas.lt.
  15. Web site: Tämä mies haluaa ostaa entisen Hartwall-areenan . 2024-09-16 . www.iltalehti.fi . fi.
  16. Web site: 2024-08-15 . Seagulls saa uuden omistajan – suunnitelmissa pelata Helsinki-hallissa . 2024-09-16 . Helsingin Sanomat . fi.
  17. Web site: "Basketball Holding Company" tapo klubo Suomijoje bendrasavininke . 2024-09-16 . www.alfa.lt . lt.

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