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Monday 08 July, 2024
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Who is Michael Andlauer? Ottawa Senators owner

BY Anas Shah Sep 22, 2023. 10:20 pm UPDATED: Sep 22, 2023. 10:20 pm

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THE OTTAWA SENATORS suffered a heartbreaking loss with the death of their previous owner, Eugene Melnyk.

Michael Andlauer purchased the team a year after the NHL businessman’s death.

Who is Ottawa Senators owner Michael Andlauer?

Michael Andlauer is a French-born Canadian businessman, healthcare executive, and ice hockey club owner.

Andlauer grew up in Montreal’s Notre Dame de Grace neighborhood.

He founded Andlauer Transportation Services in 1991, which is now known as ATS Healthcare.

ATS Healthcare is a national distributor of temperature-controlled medical devices.

Other firms he started include Associated Logistics Solutions (Accuristix), Bulldog Capital Partners, and Andlauer Management Group.

In 2019, he launched Andlauer Management Group.

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Andlauer made his first foray into the ice hockey world in 2003, when he became a minority owner of the Hamilton Bulldogs.

The next year, he took over as majority owner of the Bulldogs.

He purchased a minority share in the Montreal Canadiens in 2009.

Andlauer sold the Bulldogs to the Canadiens in 2015.

What is Andlauer’s net worth?

On September 21, 2023, the Ottawa Senators formally introduced Andlauer as their new majority owner, with him owning 90% of the team.

The remaining 10% is owned by the late former owner Eugene Melnyk’s family and estate.

The percentage specifically belongs to Melnyk’s children Olivia and Anna.

“The Ottawa Senators Hockey Club is an amazing organization, from the players to the staff, to the most passionate fan base in the game,” he said in a statement.

“My family and I are thrilled to officially be a part of Ottawa’s team and the Ottawa-Gatineau community.

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“Thank you to the NHL and the Melnyk family for the opportunity to make this a reality and for entrusting me to steward this remarkable franchise into the future.

“Thank you also to my equity partners and advisors on the transaction, who like me are aligned and committed to bringing on and off-ice success to the National Capital Region.”

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