EQT sells its 35% stake in Sportradar, a global leader in understanding and leveraging the power of sports data, to a consortium of CPPIB (Canada Pension Plan Investment Board) and TCV (Technology Crossover Ventures). The Transaction is valuing Sportradar at EUR 2.1bn. During EQT’s investment period Sportradar’s annual sales grew at a compound annual growth rate of more than 40% per year to approximately EUR 300m during the most recently completed twelve-month period. In the same period, Sportradar increased its headcount by 1,400, a rate of 25% per year.
