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Solebury Trout is handling the initial public offering of Sportradar Group, a global sports betting company. The IPO will follow the collapse of Sportradar's SPAC deal.
Based in St. Gallen, Switzerland, Sportrader has partnerships with the NBA, MLB, HNL, NASCAR, FIFA and UEFA.
In May, Sportradar announced a partnership with the New York Jets and Baltimore Ravens National Football League teams to help them raise the value of their brands to unlock opportunities in the legal sports betting category.
Sportradar, which will trade on the NASDAQ, posted a 41.6 jump in first-half revenues to $326M. Profit slipped 10 percent to $21.6M. It has 2,3000 staffers in 19 countries.
Solebury Trout has Ed Yuen and Ankit Hira representing Sportradar.
Jenn Kettnich, who has more than 15 years of financial communications experience, has joined Liftoff Mobile as VP-investor relations following completion of its recent IPO.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
