Bluestone Equity Partners Invests in PMY Group, Revolutionizing Venue Technology Solutions

Bluestone Equity Partners, a global sports, media, and entertainment private equity firm, has announced a significant investment in PMY Group. PMY Group is a premier international venue, events, and infrastructure technology solutions firm. This strategic investment marks a pivotal moment for PMY, as it secures its first institutional capital raise since its inception.

Founded in 2009 by Paul Yeomans in Melbourne, Australia, PMY Group specializes in enterprise-focused strategy, design, and implementation solutions for venues, major events, and infrastructure builders worldwide. The company leverages transformational and proprietary technologies to optimize operations and drive revenue growth. PMY offers a comprehensive range of innovative solutions, including venue and crowd intelligence, digital scoreboards and billboards, acoustics and noise control, experiential lighting, security and surveillance, and control room and production technologies.

PMY has an impressive track record, having delivered over $1 billion worth of technology solutions to more than 1,000 venues and events globally. This includes numerous renowned professional facilities and events around the world. In the United States alone, PMY, through its subsidiary design firm WJHW, has completed the technical design for the majority of current major professional sports venue developments, solidifying its industry expertise and influence.

With the support of Bluestone Equity's investment and extensive network, PMY Group aims to accelerate its growth and pursue international expansion. As part of this expansion strategy, PMY plans to relocate its global headquarters from Melbourne to the United States. Bobby Sharma, Founder and Managing Partner of Bluestone Equity, will join PMY's Board of Directors after the investment.

Mr. Sharma expressed his enthusiasm for the partnership, stating, "PMY aligns perfectly with Bluestone's mission to partner with strong and scalable blue-chip businesses, and will serve as a cornerstone of the strategic growth equity portfolio we're building. Through hard work, strategic M&A, and great leadership, Paul and his management team have built an incredible business with a massive addressable market."

Bluestone's investment in PMY represents the first investment from its inaugural $300 million growth equity fund, which closed in the first quarter of 2023. Bluestone distinguishes itself in the SME capital marketplace due to its industry operating experience, global network, stable capital base, and collaborative approach.

Paul Yeomans, Founder and CEO of PMY, emphasized the company's commitment to leveraging technology to deliver exceptional experiences and support the fast-growing infrastructure technology market. He stated, "We intend to leverage the new investment from Bluestone to accelerate PMY's growth through both organic and inorganic expansion opportunities as we strive to support the fast-growing infrastructure technology market."

PMY Group is renowned for partnering with major venues, infrastructure builders, and global events, providing independent advice and cutting-edge technology solutions. The company has worked with numerous prestigious clients, including SoFi Stadium, Allegiant Stadium, Mercedes Benz Stadium, New York Mets, New York City FC, and US Tennis Association, among others.

Bluestone Equity Partners, headquartered in New York City, is a private equity firm that leverages its blue-chip business and investing experience to form strategic capital partnerships with established Sports, Media, and Entertainment businesses and properties. Led by Founder and Managing Partner Bobby Sharma, Bluestone aims to partner with exceptional management teams and rights-holders seeking growth and scale on a global basis.

For more information about PMY Group, please visit [www.pmygroup.com](https://www.pmygroup.com).

For more information about Bluestone Equity, please visit [www.bluestoneequity.com](https://www.bluestoneequity.com).