BLANK FAMILY OF BUSINESSES CLOSES ON PURCHASE OF PARADISE VALLEY RANCH

PARADISE VALLEY, MONTANA – The Arthur M. Blank Family of Businesses announced today it has closed on the purchase of Paradise Valley Ranch.  Located between the city of Livingston and an entrance to Yellowstone Park, the approximately 9,300-acre Paradise Valley Ranch is near Mountain Sky Guest Ranch and West Creek Ranch, two interdependent properties belonging to the Blank Family of Businesses.

“We are thrilled with the opportunity to purchase Paradise Valley Ranch,” said Blank.  “This will be a great addition to our other two ranches in Paradise Valley – Mountain Sky Guest Ranch and West Creek Ranch.  We will evaluate our new property over the next few months to produce a thoughtful plan that preserves the land’s natural beauty and utilizes the spectacular setting for bringing people together in meaningful ways.

“What’s most important for our neighbors to know is that this purchase is about conservation, not development,” Blank continued.  “We will respect the tradition of ranching while keeping our lands in their original, intact state for the sake of beauty and wildlife.”

In addition to expanding Blank’s portfolio of businesses, the purchase of Paradise Valley Ranch will serve as an additional platform for the Arthur M. Blank Family Foundation’s philanthropic work in Montana.  Giving back to others is a core value in all of Blank’s businesses.  Through AMB West Philanthropies, Blank has granted more than $6 million to help Montana community efforts on early childhood development, wellness, suicide prevention, and conservation.

“When I purchased Mountain Sky Guest Ranch in 2001, it became the first company in our Family of Businesses,” said Blank.  “For two decades, we’ve been part of the Paradise Valley community – this is our home.  We care about all of the people who work and live here.  We hope that our history of meaningful philanthropy in Montana and our responsible stewardship of these lands demonstrates that we can forge a plan for Paradise Valley Ranch that both serves and preserves.”

About the Blank Family of Businesses

In addition to the Arthur M. Blank (AMB) Family Foundation, the Blank Family of Businesses includes:

AMB Sports + Entertainment in Atlanta, Georgia (National Football League’s Atlanta Falcons, Major League Soccer’s Atlanta United, and Mercedes-Benz Stadium); the 41-store nationwide PGA TOUR Superstore, America’s leading golf retailer; AMB West in Paradise Valley, Montana (11,000-acre Mountain Sky Guest Ranch purchased in 2001, 6,300-acre West Creek Ranch purchased in 2017, and 9,300-acre Paradise Valley Ranch purchased in November 2019); and our Atlanta-based Family Office which provides support services for all our businesses.  With a diverse portfolio of sports, entertainment, retail and hospitality serving unique customers, the Blank Family of Businesses are guided by six core values: Put People First, Listen and Respond, Include Everyone, Innovate Continuously, Lead by Example, and Give Back to Others.  These core values drive all decision-making while acting as a moral compass for the way our businesses serve our fans, customers, guests, Associates and our communities.

In 1995, Blank started his Family Foundation.  As co-founder of The Home Depot, Chairman of the Blank Family of Businesses, and one of America’s leading philanthropists, Blank has invested more than $425 million of his personal fortune in causes that directly benefit local and national interests.  These efforts are primarily focused on providing opportunities for children and families, especially those most in need, through education, youth development, health and wellness and civic empowerment.  The Foundation also supports the arts, wildlife conservation, green space preservation, and programs for military veterans.