Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
EQT to sell Sportradar to CPPIB and TCV consortium
July 11, 2018

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.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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