The shares are listed on the Nasdaq Global Select Market

Davis Polk advised the representatives of the several underwriters in connection with the $515 million SEC-registered secondary offering of 23,000,000 Class A ordinary shares of Sportradar Group AG by Carsten Koerl, founder and CEO of Sportradar; an affiliate of Canada Pension Plan Investment Board; and an affiliate of TCV. Sportradar repurchased 3,000,000 shares from the underwriters in the offering. The Class A ordinary shares are listed on the Nasdaq Global Select Market under the symbol “SRAD.”

Sportradar Group AG, founded in 2001, is a leading global sports technology company creating immersive experiences for sports fans and bettors. Positioned at the intersection of the sports, media and betting industries, the company provides sports federations, news media, consumer platforms and sports betting operators with a best-in-class range of solutions to help grow their business. As the trusted partner of organizations like the ATP, NBA, NHL, MLB, NASCAR, UEFA, FIFA and Bundesliga, Sportradar covers close to a million events annually across all major sports.

The Davis Polk capital markets team included partners Shane Tintle and Michael Kaplan and associate Xi (Brooke) Zheng. Partner Pritesh P. Shah and associate Anthony Tran provided intellectual property advice. Partner Kara L. Mungovan and associate Caleb E. Smith provided tax advice. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.

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