Sportradar Looks to Acquire Tech Companies After IPO - NewsBreak

Sportradar went public via an IPO on Tuesday at a valuation just under $8 billion, just as the rise of sports betting presents global opportunities. The company raised $513 million through the IPO, according to CFO Alex Gersh, and an additional $169 million from a concurrent placement with Eldridge Industries, a holding company owned by Los Angeles Dodgers owner Todd Boehly.