BRANDL TALOS advises Sportradar on the formation of a joint venture with Ringier AG

Press release • Venture Capital & Start Ups from Thomas Talos, Stephan Strass

BRANDL TALOS advised Sportradar Group AG (NASDAQ: SRAD), a leading global provider of sports data and content, on the formation of a joint venture with Ringier AG, a Swiss technology and media company.

Closing of the transaction is subject of certain customary conditions and is expected to occur shortly.

The joint venture aims at bringing sports closer to fans in Africa, a dynamic and emerging region in the global sports industry. It combines Ringier’s media expertise with Sportradar’s sports data and product portfolio and builds on a long-standing relationship of collaboration and innovation between the two Swiss-based companies. In the joint venture, Sportradar and Ringier are backing the pan-African media company Pulse, already part of the Ringier portfolio.

The BRANDL TALOS deal team consisted of Thomas Talos, Stephan Strass, Daniel Schmidt and Céline Dobnikar.

Bowmans advised on aspects of the relevant African jurisdictions and Bär & Karrer AG provided advice on Swiss-law aspects. Ringier was advised by Webber Wentzel.

The team
Thomas Talos
Partner / Capital Markets, Corporate Law & Transactions, Gaming & Entertainment
Thomas founded the firm in 2000 together with Ernst Brandl. He is co-publisher of the commentary on the EU Merger Act and (co-)author of numerous publications.

University of Vienna, Faculty of Law (Mag. iur. 1991, Dr. iur. 1994)
University of Virginia, School of Law (LL.M. 1994)
Stephan Strass
Partner / Venture Capital & Start Ups, Corporate Law & Transactions, BioTech & Lifescience
Stephan advises innovative start-ups, institutional and strategic investors and other companies on acquisitions, financing rounds, joint ventures and exit transactions with a focus on highly regulated industries such as life sciences, biotech and leisure & entertainment. He further specializes in commercial transactions in the life science and biotech sector, including university spin-offs, strategic collaborations, patent and technology license agreements and IP purchase transactions.

He has co-authored commentaries on the EU Merger Act and the Investment Fund Act, and is the author of many academic publications.

University of Vienna, Faculty of Law (Mag. iur. 2015)
Harvard Law School, Master of Laws (LL.M. 2019)