.
MergerLinks Header Logo

New Deal


Announced

Bruin Sports Capital to acquire a 50% stake in TGI Sport from Quadrant Private Equity for $100m.

Financials

Edit Data
Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Acquisition

Single Bidder

Majority

Cross Border

Private

Pending

sports technology

Private Equity

Friendly

Digital Services

Synopsis

Edit

Bruin Sports Capital, an investment manager, agreed to acquire a 50% stake in TGI Sport, a global sports technology company, from Quadrant Private Equity for $100m. "TGI is precisely the type of company we look for at Bruin. Quadrant, Barclay and the leadership team are progressive, innovative, and understand how to create value for partners in the new sports and entertainment ecosystem. The team has significant momentum and we are proud that they've chosen Bruin to help accelerate the company's trajectory," George Pyne, Bruin Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US