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
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 …
Read More »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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