Rock and Roll Marathon Group Purchased by Investment Group

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    NEWSLETTERS

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    The organizers behind the San Diego Rock and Roll Marathon has been purchased by an investment group.

    Calera Capital announced this week that is has acquired Competitor Group, Inc. which is known for active lifestyle events such as marathons, triathlons and races.

    Competitor is headquartered in San Diego with nearly 250 employees. It manages 83 events across the globe, including San Diego’s Rock and Roll Marathon and the Carlsbad 5000.

    “We are very excited about this next chapter as we partner with a great team at Calera Capital and continue our development as the market-leading active lifestyle media and entertainment company,” said Competitor CEO Scott Dickey.

    Competitor has more than 7 million active customers, according to a statement released by Calera.

    Rock and Roll Marathon 2012

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    The author and spokesman for Team in Training, John "The Penguin" Bingham, and Art Herman, a local Team in Training runner who is running this weekend in honor of his late wife, speak to NBC's Whitney Southwick. This race benefits The Leukemia and Lymphoma Society, and Team in Training charity participants have raised more than $171 million dollars for the cause.

    The investment company did not release how much it paid for Competitor.