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Latham & Watkins Advises Endeavor in Sale of IMG ARENA to Sportradar
March 20, 2025
Firm’s M&A and Entertainment, Sports & Media teams represent the global sports and entertainment company in the transaction.
Sportradar Group AG (NASDAQ: SRAD), a leading global sports technology company focused on creating immersive experiences for sports fans and bettors, announced that it has entered into a definitive agreement with Endeavor Group Holdings, Inc. (NYSE: EDR) to acquire IMG ARENA and its global sports betting rights portfolio. The transaction is currently expected to close in the fourth quarter of 2025, subject to receipt of regulatory approvals and satisfaction of closing conditions.
Latham & Watkins LLP represents Endeavor in the transaction with a corporate deal team led by New York partners Justin Hamill and Michael Anastasio and Century City partner Sean Denvir, with associate Daniel Weissman.