Apax Partners

Apax Partners, the private equity advisory firm that had been Genius Sports’ largest shareholder, has sold its last remaining shares after winding down its stake across the last three years.

Data, technology and broadcast services group Genius Sports has today (Thursday) announced the commencement of a public offering of 20 million ordinary shares by an affiliate of investment funds advised by Apax Partners, which acquired a majority stake in the company in 2018, at a price of $5.35 (€5.02) a share.

Private equity firm Apax Partners is said to have revived its interest in investing in Lega Serie A, the organising body of the top division of club football in Italy