Paul Hastings Advises Sportradar Group AG in its $517.5 Million Secondary Public Offering of Class A Ordinary Shares and Concurrent $65.5 Million Share Repurchase

Paul Hastings LLP advised Sportradar Group AG (Nasdaq: SRAD) on a $517.5 million underwritten secondary public offering by certain selling shareholders. The company concurrently repurchased $65.5 million of its shares. Goldman Sachs & Co. LLC and J.P. Morgan acted as lead book-running managers for the offering.

Sportradar is a leading global sports technology company creating immersive experiences for sports fans and bettors.

Securities and Capital Markets partners Yariv Katz and Colin Diamond led the Paul Hastings team, which also included of counsel Shai Marshall and Mary Wilbourn and associates Julia Welch and Jonah Berger-Cahn. 

More details about the transaction can be found here.

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