Sports betting returns to Wall Street’s grapevine as Bloomberg and The Wall Street Journal report that Genius Sports is the target of a future IPO by a special purpose acquisition company’ (SPAC). The US news sources cite that tech executives Harry You, a former VP of EMC Corp (now Dell EMC), and Niccolo De Masi, former Chief Executive of San …
Read More »Tag Archives: Apax Partners
Apax acquires Genius Sports targeting global sports data domination
US multi-national private equity firm Apax Partners has reached a ‘definitive agreement’ to acquire leading sports data and media distribution firm Genius Sports Group. A proven PE investor in technology and telecom enterprises (King.com, Orange, Aptos), Apax confirms that it has agreed to acquire Genius Sports outright from ‘founders, management, funds advised by Three Hills Capital Partners (“THCP”) plus other …
Read More »Sisal Group prepares for Italian IPO
Borsa Italiana – the Italian Stock Exchange, announced on Monday that it had allowed gambling and sports betting operator Sisal Group, to list itself for open trading on their exchange. Gambling and payment operator Sisal, are one of the leading operators in the region, with reported revenues totaling €772 million (£614 million) for 2013. Italian gaming regulator AAMS, reports that …
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