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Private equity firm Apax Partners acquires Genius Sports Group

30th July 2018 12:51 pm GMT

British private equity firm Apax Partners has entered into a definitive agreement to acquire a majority stake in sports data technology provider Genius Sports Group.

Genius Sports said that the acquisition will help the company further strengthen its existing operations and provide significant capital to pursue its international expansion.

This includes both organic growth and strategic acquisitions to better position the supplier in the rapidly changing sports rights market.

Funds advised by [...]

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