Macfarlanes advises Genius Sports Group on public listing through merger with NYSE-listed SPAC, dMY Technology Group II
28 October 2020Macfarlanes has advised the senior management team of Genius Sports Group, the leading provider of sports data and technology for betting operators, on its business combination agreement with NYSE-listed special purpose acquisition company dMY Technology Group, Inc. II.
The agreement follows Genius Sports Group’s drive for expansion, with the newly combined company anticipating an enterprise value of approximately $1.5bn.
The transaction also includes a $330m fully committed private investment anchored by institutional and experienced industry investors.
The Macfarlanes team for this matter was led by corporate and M&A partner Howard Corney. Tax expertise was provided by partners Mark Hunter and Rob Collard.
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