July 9, 2018 / 2:15 PM / 3 months ago

BRIEF-Sportradar Says Canada Pension Plan Investment Board And TCV As New Strategic Partners

July 9 (Reuters) - SPORTRADAR:

* CANADA PENSION PLAN INVESTMENT BOARD AND TCV AS NEW STRATEGIC PARTNERS

* CPPIB, THROUGH WHOLLY OWNED SUBSIDIARY, CPP INVESTMENT BOARD EUROPE AND TCV WILL ACQUIRE STAKE IN CO AT AN ENTERPRISE VALUE OF EUR 2.1BN

* CARSTEN KOERL, FOUNDER AND CEO, WILL RETAIN HIS ENTIRE OWNERSHIP POSITION IN SPORTRADAR

* EQT WILL ALSO REINVEST A PORTION OF ITS SALE PROCEEDS INTO SPORTRADAR Further company coverage: [ ]

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