Sportradar Finalizes Acquisition of IMG ARENA, Securing Major Expansion in Global Sports Data and Rights

Key Moments:

  • Sportradar Group AG has completed its purchase of IMG ARENA’s sports betting rights portfolio from Endeavor Group Holdings, Inc. and OB Global Holdings, LLC.
  • The acquisition adds relationships with more than 70 rightsholders, encompassing around 38,000 official data events and 29,000 streaming events annually across 14 global sports.
  • Sportradar will receive a total of $225 million in financial consideration, including around $122 million in cash prepayments to certain sports rightsholders and $103 million payable to Sportradar over two years.

Strategic Integration of IMG ARENA Portfolio

Sportradar Group AG has officially completed the acquisition of IMG ARENA, bringing with it a comprehensive suite of global sports betting rights. This deal represents a significant advancement in Sportradar’s strategic efforts to broaden its reach as a technology and content leader in highly popular betting sports spanning soccer, tennis, and basketball.

The acquisition introduces strategic alliances with over 70 sports rightsholders. Sportradar’s portfolio now covers approximately 38,000 official data events and 29,000 streaming events each year, across 14 different sports and six continents. In total, the company’s sports coverage now exceeds 1 million matches annually.

Enhanced Growth and Monetization Opportunities

With this expanded portfolio, Sportradar aims to bolster its content distribution capabilities and drive forward innovative product development. The company plans a seamless integration of the acquired rights into its scalable technology platforms and extensive client network, generating new monetization opportunities.

The transaction structure offers unique financial benefits. The acquisition is projected to enhance Sportradar’s adjusted EBITDA margins and further improve free cash flow conversion. Additionally, the deal is expected to accelerate revenue, adjusted EBITDA, and free cash flow growth for the company. Sportradar is not obligated to provide any financial payment as part of the acquisition. Instead, Sportradar will receive a total of $225 million, including roughly $122 million as cash prepayments made by the seller to certain sports rightsholders, and about $103 million in payments to Sportradar over a two-year timeframe. All payments to Sportradar are subject to standard purchase price adjustments.

Key Acquisition FiguresDetails
Number of RightsholdersOver 70
Annual Official Data EventsApproximately 38,000
Annual Streaming EventsApproximately 29,000
Total Financial Consideration$225 million
Cash Prepayments to Rightsholders$122 million
Payments to Sportradar$103 million over two years

Leadership Perspective

Carsten Koerl, Chief Executive Officer of Sportradar, stated: “We are pleased to complete the acquisition of IMG ARENA. This marks a significant milestone for Sportradar expanding our access to premium sports content that strengthens and complements our already robust global portfolio and capabilities. With this, we are uniquely positioned to deliver even more immersive, data rich experiences to our clients, partners and fans around the world while accelerating innovation at scale across the global sports ecosystem.”

  • Author

Daniel Williams

Daniel Williams has started his writing career as a freelance author at a local paper media. After working there for a couple of years and writing on various topics, he found his interest for the gambling industry.
Daniel Williams
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