M&A Deal Summary

SharpLink Acquires SportsHub

On September 8, 2022, SharpLink acquired digital media company SportsHub

Acquisition Highlights
  • This is SharpLink’s 1st transaction in the Digital Media sector.
  • This is SharpLink’s 1st transaction in the United States.
  • This is SharpLink’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2022-09-08
Target SportsHub
Sector Digital Media
Buyer(s) SharpLink
Deal Type Merger

Target

SportsHub

Minneapolis, Minnesota, United States
SportsHub is a fantasy and sports game provider that operates a variety of real-money fantasy sports and sports simulation games on its fully-licensed platform. The platform reaches more than 2 million fantasy sports fans who spend almost $40 million annually on its portfolio of games and contests. The company's platform currently includes: National Fantasy Championships, Bestball10s, Fanball, Fantasy National Golf Club, WhatIfSports, and LeagueSafe. SportsHub was formed in 2016 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

SharpLink

Minneapolis, Minnesota, United States

Category Company
Founded 2019
Sector Information Technology
DESCRIPTION

SharpLink is an online technology company that connects sports fans, leagues, and sports websites to relevant and timely sports betting content. The company uses proprietary, intelligent, online conversion technology to convert sports fans into sports bettors for licensed, online sportsbook operators. Its intelligent sports betting conversion and engagement technology delivers and determines the best sportsbook betting offers and experience for each identified user. Using sophisticated behavioral modeling and tracking technologies, and by analyzing users' past and present behaviors, SharpLink shapes the experience and bring users to the right outcome, faster. Additionally, the company specializes in helping sports media companies develop strategies, products, and innovative solutions to drive deep customer engagement with highly interactive sports games and mobile applications. SharpLink was formed in 2019 and is based in Minneapolis, Minnesota.


DEAL STATS #
Overall 2 of 2
Sector: Digital Media M&A 1 of 1
Type: Merger M&A Deals 2 of 2
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-15 Mer Telemanagement Solutions

Ra'anana, Israel

Mer Telemanagement Solutions is focused on innovative products and services for enterprises in the area of telecom expense management (TEM), call accounting, and contact center software. Headquartered in Israel, MTS markets its solutions through wholly-owned subsidiaries in Israel, the U.S., and Hong Kong, as well as through distribution channels.

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