8 Acquisitions of Companies in the Sports Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Sports industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 8 acquisitions that took place in the Sports industry.

Dacheng Network acquired by KongZhong

Details about the transaction:

Acquisition amount:

$80,000,000

Announcement:

15 December 2009

Details about the company:

A provider of online interactive entertainment is Dacheng Network.

Headquarter:

Shanghai, Shanghai, China

Where to find them:

Industry:

Digital Entertainment, eSports, Gaming

Details about the buyer:

KongZhong offers consumers in the People's Republic of China digital entertainment services.

Headquarter:

Beijing, Beijing, China

Where to find them:

Stryking Entertainment acquired by Animoca Brands

Details about the transaction:

Acquisition amount:

$3,300,000

Announcement:

4 April 2019

Details about the company:

By combining the actual and virtual worlds, Stryking Entertainment focuses on monetizing and engaging sports fans.

Headquarter:

Berlin, Berlin, Germany

Where to find them:

Industry:

Blockchain, Fantasy Sports, Gaming

Details about the buyer:

To support the development of the open metaverse, Animoca Brands works on advancing digital property rights through NFTs and gaming.

Headquarter:

Cyberport, Hong Kong Island, Hong Kong

Where to find them:

Tricked.dk acquired by RightBridge Ventures

Details about the transaction:

Acquisition amount:

$3,820,306

Announcement:

7 November 2022

Details about the company:

Leading Danish eSport organization Tricked eSport

Headquarter:

Köpenhamn, Vasternorrlands Lan, Sweden

Where to find them:

Industry:

Sports

Details about the buyer:

RightBridge Ventures is a business that makes investments.

Headquarter:

Östermalm, Stockholms Lan, Sweden

Where to find them:

Futbol Sites acquired by Playmaker Capital

Details about the transaction:

Acquisition amount:

$35,000,000

Announcement:

5 April 2021

Details about the company:

leading digital sports media company in the US and Latin America. owns and runs more than 20 brands and digital businesses.

Headquarter:

Miami, Florida, United States

Where to find them:

Industry:

Advertising, Content Marketing, Digital Media, Internet, Media and Entertainment, Soccer, Sports

Details about the buyer:

A digital sports media firm called Playmaker exists at the nexus of sports, gaming, media, and technology.

Headquarter:

Toronto, Ontario, Canada

Where to find them:

PhysiMax Technologies acquired by DarioHealth

Details about the transaction:

Acquisition amount:

$1,020,000

Announcement:

20 January 2022

Details about the company:

Through customized training plans, PhysiMax Technologies enables athletes to enhance performance and prevent injuries.

Headquarter:

Glil Yam, Tel Aviv, Israel

Where to find them:

Industry:

Artificial Intelligence, Fitness, Health Care, Information Technology, Machine Learning, Sports, Wellness

Details about the buyer:

A digital therapeutics firm called DarioHealth is involved in the creation and marketing of unique and exclusive technologies.

Headquarter:

New York, New York, United States

Where to find them:

Kooora acquired by Footballco

Details about the transaction:

Acquisition amount:

$25,000,000

Announcement:

12 April 2022

Details about the company:

An online sports publisher located in Dubai is called Kooora.

Headquarter:

Dubai, Dubai, United Arab Emirates

Where to find them:

Industry:

Gaming, News, Publishing, Sports

Details about the buyer:

Footballco is a publishing and media firm for football.

Headquarter:

London, England, United Kingdom

Where to find them:

Sportnco acquired by Gaming Innovation Group

Details about the transaction:

Acquisition amount:

$57,543,721

Announcement:

22 December 2021

Details about the company:

Sportnco concentrates on providing its customers with the greatest iGaming options.

Headquarter:

Labège, Midi-Pyrenees, France

Where to find them:

Industry:

Gambling, Gaming, Online Games, Sports

Details about the buyer:

Through its three B2B solutions, Gaming Innovation Group provides state-of-the-art cloud-based services and performance marketing.

Headquarter:

Bokeelia, Florida, United States

Where to find them:

AMG/PARADE acquired by The Arena Group

Details about the transaction:

Acquisition amount:

$16,000,000

Announcement:

18 January 2022

Details about the company:

AMG/PARADE is a publishing house that specializes in producing articles on cuisine, families, sports, and entertainment.

Headquarter:

New York, New York, United States

Where to find them:

Industry:

Digital Entertainment, Fitness, Food and Beverage, Sports

Details about the buyer:

The Arena Group combines strong brands in markets where customers are enthusiastic and offers memorable experiences.

Headquarter:

Seattle, Washington, United States

Where to find them: