Acuity Advisors are pleased to announce the cross-border acquisition of GiveMeSport by Breaking Data Corp, in a transaction that closed on 11 April 2017.
GiveMeSport, headquartered in London, is a leading next generation sports media company with the largest single sports publisher Facebook page in the world, with over 25.9 million fans. By way of comparison, the next largest single sports publisher Facebook page is ESPN with 15.2 million fans. GiveMeSport’s content generates over 3.6 billion impressions (Feb-17), reaching over 138 million unique users (Feb-17) per month on Facebook alone.
Breaking Data Corp, headquartered in Toronto, Canada, is a provider of semantic search, machine learning and natural language processing technology (NLP). Breaking Data Corp’s showcase app, BreakingSports, utilizes semantic machine learning and NLP to track social media in a fully automated, real-time manner for significant sports information and events and distributes summarized information through real-time push notifications to consumers.
The rationale for the acquisition is to combine GiveMeSport’s huge social media fanbase with Breaking Data’s mobile application, and techniques in advanced machine learning and artificial intelligence.
The transaction was effected by way of a securities exchange between Breaking Data Corp and GiveMeSport (source: Breaking Data Corp press release, 12 April 2017).
Andy Lister, Partner at Acuity, commented:
“It has been a real pleasure to work with GiveMeSport – one of the world’s leading next generation sports publishers and the world’s largest single publisher Facebook page.
We believe that GiveMeSport’s impressive Facebook fanbase, deep relationships with global sports brands and advertisers, and technology-driven approach to publishing will be further enhanced by Breaking Data Corp’s machine learning and AI technology platform.”
About Acuity Advisors
We know technology – that’s why we’re the industry’s trusted M&A advisor. Our partners are senior players in tech and M&A: skilled at getting to the heart of a technology business, understanding what will attract buyers, and building long-lasting relationships. We have an unrivalled understanding of the industry’s complexities and personalities – our track record and client feedback are compelling evidence of that. We’re an international firm – most our deals are cross-border, from offices in London, Munich, Shanghai and Silicon Valley – but we’re grounded in our approach. We move quickly when it’s needed, and we’re around for the long haul when patience is a virtue. We’ve maintained a very high success rate across hundreds of deals while keeping our focus on doing what’s right for our clients. From first meeting to successful exit, we earn the trust that clients and investors put in us. Learn more here.
...We believe that GiveMeSport’s impressive Facebook fanbase, deep relationships with global sports brands and advertisers, and technology-driven approach to publishing will be further enhanced by Breaking Data Corp’s machine learning and AI technology platform... quote
A conversation is never wasted. We’re confident that we can give you all the help you need, but we’ll tell you if we think there’s a better option for you.Get in Touch