Tag Archives: Apax

Genius Sports to reorganise board following Apax departure

SBC News Genius Sports to reorganise board following Apax departure

Genius Sports has informed investors that it will review the membership of the board of directors of the NYSE-listed sports, media, data rights, and technology group following the resignation of Gabriele Cipparrone. Effective from 8 April, Gabriele Cipparrone of the London-based private equity fund Apax Partners will resign, leaving Genius Sports’ board without a representative from Apax. The decision follows …

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Growth hungry Genius Sports begins Apax journey

SBC News Growth hungry Genius Sports begins Apax journey

Sports data and media rights distributor Genius Sports Group begins a new era under the ownership of US multinational private equity firm Apax Partners. This afternoon, Mark Locke Chief Executive and enterprise co-founder of Genius Sports confirmed that Apax had completed its acquisition. “With the acquisition now complete, we are eager to put our growth plans into action and embark …

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CVC collects another bookmaker with €1bn Sisal acquisition

SBC News CVC collects another bookmaker with €1bn Sisal acquisition

Luxembourg-based private equity  firm CVC Capital Partners has extended its reach into the betting industry once again with the news that it has agreed to acquire a 100% equity stake in Italian gaming and payments operator Sisal Group S.p.A. The acquisition will see CVC assume Sisal’s €960 million corporate debt, with the PE firm expected to make an estimated €1 billion …

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