This story appears in the May issue of Utah Business. Subscribe.  Nestled in the foothills of the Oquirrh Mountains, an audience of fans rocked out to the Beach Boys during the USANA Amphitheatre’s inaugural concert in July 2003. That night was special for many reasons, but for concertgoers in Utah, it meant the opening of the first large outdoor concert venue since the closure of the Wolf Mountain Amphitheatre in 1997.  Finally, music fans of every genre had a place to escape to the sounds of their favorite artist or group thanks to the hard work of Jim McNeil, then-president of U ..read more

Salt Lake City — Smith Entertainment Group (SEG) announced it has placed The Shops at South Town in Sandy, Utah, under contract and that the 111-acre site will house the Utah NHL team’s permanent state-of-the-art practice and training facility, to be completed ahead of the 2025-26 NHL season. The practice facility will include a minimum of two NHL-standard regulation ice surfaces for the team and the building will also serve as the team’s official offices.  This news comes just over two weeks after NHL Commissioner Gary Bettman joined SEG owners Ryan and Ashley Smith to announce  ..read more

Southern UT — Anson Resources Limited (ASX: ASN) is pleased to announce that it has completed negotiations with LG Energy Solution (KRX: 373220) and executed its first binding offtake term sheet to supply battery-grade lithium carbonate from its project in the Paradox Basin in southern Utah, USA.  The offtake term sheet calls for Anson to supply up to 4,000 dry metric tonnes per year of battery-grade lithium carbonate produced at the Project, which is expected to begin operations in 2027. The associated volumes represent approximately 40 percent of the Project’s start-up production capaci ..read more

Houston, TX — G&A Partners, a leading national professional employer organization (PEO) and human resources outsourcing (HRO) provider, announced today the acquisition of Teamworks Group, a prominent PEO and HR outsourcing provider based in Provo, Utah. Founded by David McDougal, Teamworks Group has been providing exceptional customer service and strategic HR solutions to small businesses since 1996. The PEO has experienced substantial growth under the leadership of Chief Executive Officer Morgan Taylor and Chief Operating Officer Marshall Paxson who, prior to joining Teamworks Group, foun ..read more

Salt Lake City — Crewe Capital (Crewe), one of the nation’s leading boutique investment banks, exclusively guided private investment firm PV3 Investments (PV3) in its purchase of ENVE Composites (ENVE), a U.S. cycling manufacturer, from its parent company Amer Sports (NYSE: AS). Both headquartered in Utah, ENVE was a natural fit for PV3, whose owners are passionate about cycling and want to support its continued growth. Founded in 2007, ENVE is one of the few U.S. cycling brands to have all-American manufacturing and is dedicated to building high- tech biking performance products in-house, suc ..read more

This article is sponsored by The Grand America Hotel. “I kept saying, I’m a meeting planner, not a salesperson! And my husband at the time said, Why do you say that? And I said: Well if I were going to do it, it would have to be a product I really believed in. If I knew and loved the product, then it would make sense.” Kara Pappas is the Director of Sales for The Grand America Hotel in Salt Lake City. Since joining in 2006, this hotel—and this city—have become the “product” she wholeheartedly believes in. Almost 18 years into her tenure at The Grand America, Kara’s path into her role h ..read more

This story appears in the 2024 Advisor, a publication sponsored by Colliers Utah.  There’s no escaping the eternal economic principle of supply and demand, especially when it comes to property values. Two things the most expensive cities in the world have in common are that people really want to live there (high demand) and that their capacity to accommodate expansion is constrained by strict geographic barriers—usually water or mountains (limited supply).  High-demand cities will always see housing prices increase over time, but housing prices in high-demand cities with limit ..read more

Salt Lake City — David W. Wetter, PhD, senior director for cancer health equity science at Huntsman Cancer Institute, director of the Center for Health Outcomes and Population Equity (HOPE), and a Jon M. and Karen Huntsman Presidential Professor in the department of population health sciences at the University of Utah (the U), has been awarded the prestigious Society of Behavioral Medicine Senior Investigator Award for Outstanding Contributions to Cancer Prevention and Control. David W. Wetter, PhD, earns senior investigator award for groundbreaking work in cancer ..read more

Ogden, Utah — Amer Sports, parent company to ENVE Composites, has announced that ENVE has been acquired by PV3, a Utah-based private investment firm whose owners are avid cyclists and have been familiar with the brand for many years. Amer Sports’ Chief Operating Officer Michael Hauge Sørensen said, “ENVE has gone through major changes in the past years. The brand has positive momentum, and we see that it has good potential. However, after a thorough strategic evaluation, we have concluded that the next phase of development should happen under new ownership. We believe PV3 is the most suitable ..read more

Salt Lake City — Biathlon, one of the most watched winter sports across Europe, with global audiences of over 24 million viewers on a typical weekend, recently completed its U.S. World Cup stop in Soldier Hollow, site of the 2002 Olympic Games. When the International Biathlon Union chose Soldier Hollow for an IBU World Cup in March 2024, it called on Utah’s Dragonfli Media as the broadcast services partner for host broadcaster Eurovision and the European Broadcast Union. Working on behalf of Eurovision, the IBU, and the local organizing committee, Dragonfli Media oversaw production facilities ..read more