Tech Company M&A Transactions
Sportfive SA Acquisition
Sportfive SA, operating out of Issy-Les-Moulineaux, was acquired by Advent International. Purchase price was estimated to be $721.3 million.
Transaction Overview
Company Name
Acquired By
Announced On
3/19/2004
Transaction Type
M&A
Amount
$721,250,000
M&A Terms
The transaction is based on a 100% equity value of EUR 560 million or EUR 81.4/ share. Under the terms of the agreement, Advent International and RTL Group will set up a new company that will purchase all Sportfive shares, owned by RTL Group (46.4%) and Groupe Canal+ (46.4%). Advent International will own 75% of this new company and RTL Group will own the remaining 25%.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
70 rue du Gouverneur Gnral Ebou
Issy-Les-Moulineaux, 92130
France
Issy-Les-Moulineaux, 92130
France
Phone
Website
Email Address
Not Recorded
Overview
SPORTFIVE has quickly become the benchmark in sports rights marketing. Major shareholders include the private equity company Advent International, the media conglomerate RTL Group, the investment bank Goldman Sachs and the SPORTFIVE management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Philip Cordes
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