Investment Summary

Rogers Media Exits theScore

On February 22, 2021, invested in digital media company theScore from Rogers Media

Investment Highlights
  • This is transaction in the Digital Media sector.
  • This is transaction in Canada.
  • This is transaction in Ontario.
Investment Fate
  • theScore was sold to a strategic buyer in 2021 for 2.0B USD.

Investment Summary

Date 2021-02-22
Target theScore
Sector Digital Media
Sellers(s) Rogers Media
Deal Type IPO

Target

theScore

Toronto, Ontario, Canada
theScore operates as a sports media company in North America. It offers theScore, a mobile sports application that delivers customizable news, scores, stats, and notifications for various leagues and sports; and theScore esports, which produces and shares original video content pieces across its web and social platforms, including features and documentaries on high-profile teams, games, and players from across the esports scene, as well as highlights and interviews. The company also provides theScore Bet, a mobile sports betting platform that delivers various pre-game and in-game markets and betting options, lightning-fast scores, and in-game data comprising early cash-out, and easy and secure deposit and withdrawal options. In addition, it operates theScore.com, a web platform that provides sports news, scores, and video and editorial content written by original sports voices. theScore was founded in 2012 and is based in Toronto, Canada.

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Seller(S) 1

SELLER

Rogers Media

Toronto, Ontario, Canada

Category Company
Sector Media
DESCRIPTION

Rogers Media, Inc. is a division of Rogers Communications Inc., (TSX: RCI; NYSE: RCI), operates Rogers Broadcasting and Rogers Publishing. Rogers Broadcasting has 53 AM and FM radio stations across Canada. Television properties include 5 Citytv stations as well as five OMNI multicultural television stations.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: IPO M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-19 theScore

Toronto, Ontario, Canada

theScore operates as a sports media company in North America. It offers theScore, a mobile sports application that delivers customizable news, scores, stats, and notifications for various leagues and sports; and theScore esports, which produces and shares original video content pieces across its web and social platforms, including features and documentaries on high-profile teams, games, and players from across the esports scene, as well as highlights and interviews. The company also provides theScore Bet, a mobile sports betting platform that delivers various pre-game and in-game markets and betting options, lightning-fast scores, and in-game data comprising early cash-out, and easy and secure deposit and withdrawal options. In addition, it operates theScore.com, a web platform that provides sports news, scores, and video and editorial content written by original sports voices. theScore was founded in 2012 and is based in Toronto, Canada.

Buy $167M