(London, UK – 7 September 2018) Genius Sports Group, a global leader in sports data and technology, has completed its previously announced sale to Funds advised by Apax Partners, a leading global private equity advisory firm.
Founded in 2000 and headquartered in London, Genius Sports Group is a market leader in the high-growth sports data, sports media and regulated sports betting sectors, specialising in the capture and distribution of real-time data.
The acquisition will see Apax provide its proven expertise in building world-class technology companies, as well as significant investment from its Funds to support Genius Sports Group’s growth plans.
This injection of capital will further strengthen the Genius Sports Group’s existing operations and allow it to pursue its international expansion strategy, both organically and through strategic acquisitions.