Genius Sports will begin trading on the New York Stock Exchange (NYSE) as of tomorrow morning, Wednesday 21 April (ticker – GENI), having completed all merger requirements with SPAC vehicle dMY Technology Group II (dMY II). In a statement released this afternoon, the firm communicated that its business combination had been formally approved at a special meeting of dMY II’s …
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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 …
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