Genius Sports acquired by private equity firm

Betgenius parent company expected to enjoy a major investment boost following Apax Partners takeover 

Genius Sports has been acquired for an undisclosed sum by private equity firm Apax Partners, the sports betting provider announced this morning. The ownership stake was acquired from Betgenius’ founders, management, another private equity firm and other minority shareholders. The transaction is expected to close in Q3 2018. “We are excited to have Apax on board…

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