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New Deal


Announced

Slinger to acquire GameFace.AI for $24m.

Financials

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Transaction Value£19m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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artificial intelligence

Software

Majority

Cross Border

Pending

Single Bidder

Private

Acquisition

Australia

Friendly

Synopsis

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Slinger, a sports brand focused on innovating game improvement technology and equipment, agreed to acquire GameFace.AI, an award-winning artificial intelligence technology provider for sports for $24m. “We have been so impressed with the technology expertise and software development capabilities of the GAMEFACE.AI team as part of their involvement in building out our Slinger app, and now look forward to bringing them in-house as a portfolio company as we build new software and technology products for tennis and other sports. GAMEFACE.AI’s core capabilities are delivered through any camera or phone, which allows us to build consumer-friendly and scalable solutions for the sports market,” Mike Ballardie, Slinger CEO.

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