Bli medlem
Bli medlem

Du är här

2014-05-21

EQT Holdings AB: EQT VI invests into Sportradar

· EQT VI invests into Sportradar, the global leading provider of
live sports information and services, operating at the interface
between sports and entertainment

· EQT VI will support Sportradar on its continued growth path with
further capital for value-enhancing acquisitions as well as
investments in the development of new products and solutions,
geographic expansion and new customer segments

EQT VI has agreed to enter into a partnership with Sportradar AG
("Sportradar" or the "Company") and to buy shares from the founder,
various management shareholders and EQT Expansion Capital II.
Sportradar is the market leading provider of live sports information,
odds solutions and fraud detection and prevention services for
customers in the bookmaker, media and federation markets. EQT VI was
attracted to the Company's strong market position, its leading
technology and solutions as well as a lasting growth track record.
EQT VI sees significant value creation potential for Sportradar going
forward, which will be driven by the company's entrepreneurial
management team as well as a sound and scalable business model. The
Company's founder and CEO Carsten Koerl as well as Sportradar's
management will remain as significant shareholders alongside EQT VI
and will continue to drive Sportradar's future development and
growth.

"We are excited to have EQT VI as a new investor in Sportradar. With
our new partner, we are able to leverage EQT VI's global network of
Industrial Advisors and its expertise in supporting growth
strategies. We will also have increased financial flexibility, and,
together with EQT VI, we will continue developing Sportradar into the
number 1 global sports data and information company with deep
coverage across value chain, geographies and customer segments", said
Carsten Koerl, founder and CEO of Sportradar.

"We are impressed by Sportradar's achievements so far, and see vast
potential to create value by further building on the Company's
capabilities and position. With EQT VI as an investor and partner,
Sportradar will continue to further expand internationally, serve its
customers with a more comprehensive product and solution set, address
attractive new customer segments and also strengthen its market
position through acquisitions. We look forward to supporting
Sportradar's management and employees in realizing Sportradar's full
potential", says Dominik Stein, Partner at EQT Partners, Investment
Advisor to EQT VI.

Closing of the transaction is expected in June, subject to customary
anti-trust approvals.

Contacts:
Dominik Stein, Partner at EQT Partners, Investment Advisor to EQT VI,
+49 89 2554 9936

Johan Hähnel, EQT VI Spokesperson, +46 8 506 55 334
About EQT
EQT is the leading private equity group in Northern Europe, with
portfolio companies in Northern and Eastern Europe, Asia and the US
with total sales of more than EUR 25 billion and over 500,000
employees. EQT works with portfolio companies to achieve sustainable
growth, operational excellence and market leadership.

More information can be found on www.eqt.se

About Sportradar AG
Sportradar is a worldwide leading premium partner for the sports
betting and media industry. Sportradar provides sports data services
to the bookmaking world with its brand Betradar, and to the
international media with its brand Scoreradar. Besides market leading
companies in the sports betting and media industry, Sportradar also
operates a unique Fraud Detection System (FDS) for several
federations, including UEFA and German DFB/DFL. Furthermore,
Sportradar is the exclusive, worldwide distributor for ITF
(International Tennis Federation) Official Data. More than 500
businesses in over 80 countries rely on Sportradar's data depth and
quality services in their daily business. Sportradar employs over 700
highly experienced staff worldwide. Headquartered in Switzerland,
Sportradar has offices in 30 other cities.

More information can be found on www.sportradar.com

-----------------------------------------------------------
http://news.cision.com/eqt-holdings-ab/r/eqt-vi-invests-into-sportradar,...
http://mb.cision.com/Main/87/9588966/247431.pdf

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.