Sportradar Group AG successfully launches its IPO and starts trading on Nasdaq

Sportradar Group AG (Sportradar) successfully commenced trading on the Nasdaq Global Select Market on 14 September 2021 with a total market capitalisation of approximately USD 8 billion.

Sportradar is a leading global provider of sports betting and sports entertainment products and services, and the number one provider of business-to-business solutions to the global sports betting industry based on revenue.

Niederer Kraft Frey advised Sportradar as Swiss counsel alongside with Brandl Talos and Latham & Watkins. The NKF team was led by Corporate partner Patrik Peyer, working with senior associate Deirdre Ni Annrachain, associate Katalin Siklosi, junior associate Reto Seiler (all Corporate/Capital Markets) as well as Tax partner Markus Kronauer.