M&A Deal Summary

Touchpoint Group Holdings Acquires World Championship Air Race

On September 20, 2021, Touchpoint Group Holdings, Inc. acquired business services company World Championship Air Race

Acquisition Highlights
  • This is Touchpoint Group Holdings’ 1st transaction in the Business Services sector.
  • This is Touchpoint Group Holdings’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2021-09-20
Target World Championship Air Race
Sector Business Services
Buyer(s) Touchpoint Group Holdings, Inc.
Deal Type Add-on Acquisition

Target

World Championship Air Race

Wilmslow, United Kingdom
website
Air Race is a race format developed by Red Bull and has hosted 94 championship series races around the globe. It has attracted viewers in 187 countries and has been broadcast to an audience of over 230 million viewers with over 2.3 billion media impressions worldwide in its most recent season. It is the largest live spectator sports event in the world attracting over 1 million spectators to a single air race on multiple occasions in cities such as Porto and Barcelona. Air Race was formed in 2003 and is based in Wilmslow, United Kingdom.

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Buyer(S) 1

Buyer

Touchpoint Group Holdings, Inc.

Miami, Florida, United States

website


Category Company
SectorBusiness Services
DESCRIPTION

Touchpoint is a media and digital technology acquisition and software company. The company develops and supplies a fan engagement platform that enhances the fan experience and drives commercial aspects of the sport and entertainment business. Touchpoint is based in Miami, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2021) 1 of 1