EQT VI has invested in live sports information and services provider Sportradar.
Sportradar founder and CEO Carsten Koerl, along with the company’s management, will remain as significant shareholders alongside EQT VI and will continue to drive the Sportradar business.
Koerl said of the deal: “With our new partner, we are able to leverage EQT VI’s global network of industrial advisors and its expertise in supporting growth strategies.
“We will also have increased financial flexibility, and, together with EQT VI, we will continue developing Sportradar into the number-one global sports data and information company with deep coverage across value chain, geographies and customer segments.”
The transaction is expected to complete in June.
