Andreas Helgstrand, CEO of Global Equestrian Group (GEG), and Mark Bellissimo, CEO of Wellington Equestrian Partners (WEP), announced an unprecedented partnership focused on developing international equestrian sport.
GEG will acquire the Wellington, Florida-based Palm Beach International Equestrian Center (PBIEC) and will invest in WEP equestrian lifestyle initiatives. WEP’s largest partners, Mark Bellissimo, Roger Smith, Lisa Lourie, and Marsha Dammerman, as well as Michael Stone, will co-invest in GEG.
Mark Bellissimo and PBIEC have transformed Wellington into the world’s premier destination for equestrian enthusiasts, with competitions and events across more than 40 weeks every year.
PBIEC is home to the Winter Equestrian Festival, spanning 13 weeks, and is the world’s largest and longest-running equestrian sports event. 4,000 families, 8,000 horses, and 250,000 spectators from 43 different countries converge on Wellington to compete for over USD 12... More