Arctos Sports Partners becomes new Lightning minority investor

Arctos Sports Partners will be the new minority investor for the Tampa Bay Lightning, owner Jeff Vinik announced this week.

The private equity firm, which specializes in providing liquidity solutions to major sports franchises, made a minority investment into Vinik Sports Group, which the National Hockey League approved last month.

Vinik will retain control as majority owner and there will be no change in the daily operations. General Manager Julien BriseBois and Lightning CEO Steve Griggs will both remain alternative governors with the NHL.

Vinik purchased the team in 2010, and the team has since won two Stanley Cup championships.

– Kelly Hayes, Extensive Enterprises Media