IPO • Information Services

TCV, AFV Partners and CPP Investments Exits Sportradar

On September 14, 2021, invested in information services company Sportradar from TCV, AFV Partners and CPP Investments

Investment Context
  • This is transaction in the Information Services sector.
  • This is transaction in Switzerland.

Explore All 28 IPO Information Services Deals - Search the Database Free


Investment Summary

Date September 14, 2021
Target Sportradar
Sector Information Services
Sellers(s) TCV
AFV Partners
CPP Investments
Deal Type IPO

Target Company

Sportradar

St. Gallen, Switzerland
Sportradar is a partner for the sports betting and media industry. Sportradar provides sports data services to the bookmaking world with its brand Betradar and to the international media with its brand Scoreradar. Sportradar was founded in 2001 and is based in St. Gallen, Switzerland.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Seller Profiles 3

SELLER

TCV

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 21.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Technology Crossover Ventures (TCV) is a private equity and venture capital firm focused on investments in growth technology companies. TCV looks to provide capital for growth, recapitalizations, acquisitions, and buyouts of technology companies in sectors such as internet, financial technology, infrastructure & communications, and software. TCV targets opportunities in North America and looks to commit between $10 and $500 million of equity capital per transaction. TCV was formed in 1995 and is based in Palo Alto, New York City, and London.


Deal Context for Seller #
Overall 78 of 84
Sector: Information Services 2 of 2
Type: IPO 21 of 21
Country: Switzerland 1 of 1
Year: 2021 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Rover

Olympia, Washington, United States

Rover is an online marketplace for pet care that connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, including doggy daycare, dog walking, drop-in visits, and grooming. Rover was founded in 2011 and is based in Olympia, Washington.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-27 Devo

Cambridge, Massachusetts, United States

Devo is a cloud-native logging and security analytics company that collects and analyzes an enterprise’s machine, business, and log data to provide real-time security insight for both security and IT operations professionals. Devo was founded in 2011 and is based in Cambridge, Massachusetts.

Buy -
SELLER
DESCRIPTION

AFV Partners is a family-backed, opportunistic investment firm focused on partnering with growth-minded, 'sustainable' companies. The Firm has a special interest in mission-critical, founder-led software, data, and cybersecurity businesses. AFV Partners was formed in 2019 and is based in Argyle, Texas.


Deal Context for Seller #
Overall 2 of 3
Sector: Information Services 1 of 1
Type: IPO 1 of 1
Country: Switzerland 1 of 1
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-16 Weedmaps

Irvine, California, United States

Weedmaps provides ecommerce and compliance software solutions to retailers and brands. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and information on the cannabis plant, and the industry and advocate related services for legalization. Weedmaps was founded in 2008 and is based in Irvine, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-17 Canoo

Torrance, California, United States

Canoo is a mobility technology company, that designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. Canoo was founded in 2017 and is based in Torrance, California.

Sell -
SELLER
DESCRIPTION

CPP Investments is a Canadian pension fund focused on a variety of investing strategies, including public equities, debt, and alternative investments. The Firm's private equity arm looks to acquire direct stakes in private companies, as well as make fund investments and acquire secondary positions. For direct stakes in companies, CPP looks to invest across North American and Europe and seeks to commit a minimum of $150 million per transaction. CPP has no industry preferences however the Firm will not invest in real assets. CPP Investments was established in 1997 and is based in Toronto, Ontario.


Deal Context for Seller #
Overall 18 of 37
Sector: Information Services 2 of 2
Type: IPO 6 of 12
Country: Switzerland 1 of 1
Year: 2021 8 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-25 AI Dream

Shanghai, China

AI Dream is a branded sleep solution provider and one of the largest players in China’s premium mattress market. Its differentiated product offering includes mattresses, bed frames, smart beds, and customized bedroom solutions. AI Dream was founded in 2018 and is based in Shanghai, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-29 Ports America

Morristown, New Jersey, United States

Ports America is a marine terminal operator in North America with operations in 70 locations and 33 ports across the United States. The company provides technology-driven solutions and covers a wide range of supply chain services including container, RoRo, breakbulk, military, and cruise ship operations. Ports America is based in Morristown, New Jersey.

Buy -

Explore Related M&A Activity