TORONTO, Canada: Global sports data company Sportradar has announced two new strategic partners: Canada Pension Plan Investment Board (CPPIB) and Silicon Valley-based growth equity firm TCV.
CPPIB, through its wholly owned subsidiary, CPP Investment Board Europe S.à r.l., and TCV will together acquire an unspecified stake in Sportradar at an enterprise value of $2.4 billion from private equity firm EQT and certain minority shareholders.