Krause’s holding company, Krause Group, has a diversified business portfolio that includes, in addition to football clubs, convenience stores, wineries and hotels, real estate and agriculture. His business drive and proven leadership led him to the top of Kum & Go LC, a family-owned convenience store chain founded over 60 years ago that has over 400 locations in 11 different states, more than 5,000 employees and generates $2.5 billion in revenue. annually, and is now a staple in the Krause Group’s portfolio.
The professional USL Championship club will play its home games at Pro Iowa Stadium. Located adjacent to Global Plaza, the stadium is part of a $535 million development project that will create a mixed-use neighborhood in Des Moines. When complete, the 65-acre site will include over one million square feet of retail space, multi-unit housing, community green space and a sports and entertainment venue.
“This announcement took years to prepare,” said Kyle Krause. “We are thrilled to bring a new professional soccer club here with USL. This is a great opportunity to add another attractive perk to living in central Iowa. We are excited to showcase Des Moines on the national and international stage. We couldn’t have done it without the foundation laid by the Iowa football community. The Menace’s support and success has been a key factor in creating the right environment to sustain a USL Championship club.
The new club’s permanent crest and brand will come to life in the coming months through a series of listening sessions, using feedback from community members and football fans, who will play a vital role in the development process. .