Schiller, Falk Sports SPAC Finds Deal With French Mobile Payments Firm
The special purpose acquisition company formed by long-time sports business executive Harvey Schiller and superagent David Falk has signed a deal to bring a French…
Mergers
Sports Ventures SPAC Merger With Oscar Winner DNEG Falls Apart
Plans for the Oscar-winning special effects house DNEG to go public by a merger with Sports Ventures Acquisition Co. have been terminated, according to a filing to the…
Best Of 2022
Consider the First Sports SPACs Already Dead
It was two years ago this week that sports-focused RedBall Acquisition Corp. filed its draft prospectus with the Securities & Exchange Commission. The Gerry Cardinale…
Record Inflation, Rising Interest Rates Slows Non-Team-Related Sports M&A
Last month, the Federal Reserve approved the biggest interest rate increase since 2000 in an attempt to curb 40-year-high inflation, and six more similarly sized bumps…
‘Matrix’ Effects Studio DNEG Going Public With Sports Ventures SPAC
Hollywood visual effects studio DNEG will go public by a merger with Sports Ventures Acquisition, a special purpose acquisition company fronted by Atlanta Falcons…
Exclusive
Collectors Universe Buys Card Sales Data Start-Up Card Ladder
Collectibles grading giant Collectors Universe is buying Card Ladder, a sports card price and data company. The deal, being announced later today, is the second…
Golden Age of Sports M&A to Take Place Over Next 24 Months
The first half of 2021 was particularly active for sports-related mergers and acquisitions. There were at least 10 deals announced within the sports betting and data…
Catapult Sports Buys Racing Data Pioneer SBG For $40 Million
Athlete performance technology provider Catapult Sports has purchased London-based SBG Sports Software for $40 million, bringing the live data and video developer in…
Billionaire Burkle’s SPAC Buys European Sporting Goods Retailers
Grocery store billionaire and Pittsburgh Penguins co-owner Ronald Burkle is getting into the sporting goods business. Burkle’s Yucaipa Acquisition, a SPAC that holds…
Exclusive
Premier Lacrosse League Merging with Major League Lacrosse to Unify Outdoor Game
The Premier Lacrosse League’s launch in 2019 prompted many associated with the sport to ask whether there was enough support from financial linchpins like sponsors and…
Topgolf Acquisition Makes Sense, But Callaway Overpaid For a Company Over a Barrel
The Wall Street Journal recently reported that Callaway Golf Co. (ELY) intends to purchase the 86% of Topgolf Entertainment Group it does not already own at a valuation…
Sports M&A Boom Expected to Continue for Next 3 to 12 Months
The coronavirus outbreak resulted in North American M&A deal value declining -75% YoY during the first half of 2020. Activity picked up again in the third quarter…
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