We believe it is a momentous day for the National Capital Region." We would also like to recognize the ongoing efforts of the National Hockey League and the outstanding work of Galatioto Sports Partners (the firm handling the sale). "I want to thank Anna and Olivia Melnyk for their dedication and support to the board of directors and executors of the estate during this process. "Michael represents everything we could have hoped to find coming into this process, a passionate owner who is committed to Ottawa. "We are very pleased to announce that we have entered into an agreement to sell controlling interest of the Senators to Michael Andlauer," said Sheldon Plener, chairman and governor of the Seantors. He also founded Bulldog Capital Partners Inc., a Toronto-based merchant bank focused on private equity investments and advisory services.
I would also like to thank my financial advisers at Bulldog Capital Partners."Īndlauer is the founder and CEO of Andlauer Healthcare Group Inc., a TSX-listed leading supply chain management company offering third party logistics and specialized transportation solutions for the healthcare sector. Thank you also to my equity partners on the transaction, who like me are committed to bringing success to the National Capital Region. "Thank you to both the NHL and the Melnyk family for providing me with the opportunity to make this dream a reality.
"First and foremost, thank you to my wife and family for their support," Andlauer said. He has since been Canadiens alternate governor. In 2009 he purchased a share of the Canadiens, Bell Centre and Gillett Entertainment Group (now evenko) as part of a group headed by Geoff Molson. Hamilton won the Calder Cup in 2007, and Andlauer in 2015 sold the franchise to the Canadiens, bought the Belleville Bulls of the Ontario Hockey League, and relocated them to Hamilton, where they won OHL championships in 20. "The short- and long-term future of the team is incredibly bright, and I look forward to getting to know the team, the fan base and the community."Īndlauer was co-owner of the Hamilton Bulldogs, an American Hockey League team that had a joint affiliation between the Montreal Canadiens and Edmonton Oilers and became majority owner the following year. "I believe that the Senators' fan base is one of the most passionate in the League and I'm excited to take the franchise's success both on and off the ice to the next level. "My family and I are very excited to be a part of the Ottawa Senators Hockey Club," Andlauer said in a statement. Anna and Olivia Melnyk, the daughters of the late Eugene Melnyk, will retain a 10 percent interest through the Melnyk Estate. Andlauer will assume control of the Senators' operations. The sale is subject to approval by the NHL and finalization of the process.
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