Sportradar sells Atrium Sports to Teamworks
7 Oct 2026
Sportradar Group AG
Announced 7 October 2026 - Sportradar enters a definitive agreement to sell Atrium Sports, the baseball and basketball coaching and scouting business of Synergy Sports, to Teamworks Innovations for $170m in cash, an accretive double-digit EBITDA multiple against Sportradar's own market valuation. Sportradar retains the automated video production cameras, graphics, computer vision and competition management products already woven into its betting, gaming and media offerings. Completion is expected in Q4 2026 subject to customary closing conditions.
- Year
- 2026
- Type
- Divestment
- Value
- $170m cash
Houses involved (1)
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