Genius Sports’ Acquisition of Second Spectrum

BGenius Sports' Acquisition of Second Spectrum

O’Melveny & Myers LLP advised Genius Sports Ltd. on the deal while Orrick Herrington & Sutcliffe LLP represented Second Spectrum.

Genius Sports Ltd. (NYSE: GENI), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced the definitive agreement to acquire Second Spectrum, a leading provider of cutting-edge data tracking and visualization solutions.

This acquisition combines two of the world’s most innovative sports data and technology companies to create a complete end-to-end offering for the sports, betting and media ecosystem.

Genius Sports is a global leader in digital sports content, technology and integrity services. Its technology is used in over 150 countries worldwide, empowering sports to capture, manage and distribute their live data and video, driving their digital transformation and enhancing their relationships with fans.

Second Spectrum was founded in 2013 and has become a world-leading and fully integrated sports AI provider, offering tracking, analytics and data visualization services. Second Spectrum’s innovative technology allows clients to automatically index action on the court, pitch or field within seconds.

The O’Melveny team advising Genius Sports in this acquisition was led by partners Charles Baker (Picture), co-chair of the firm’s Sports Industry Group; Tobias Knapp, head of the U.S. Mergers & Acquisitions and Private Equity practices; Antitrust partner Julia Schiller, counsel Zach Greenberg, and associate Chris Anderson. Baker, together with O’Melveny partner Amy Siegel, co-head of the firm’s Entertainment, Sports and Media Industry Group, and counsel Rob Catmull advised on Genius’s recently announced NFL data rights deal, as well.

The Orrick team advising Second Spectrum on this transaction is led by John Bautista, Mark Seneca, John Harrison, Spencer Cohen, Rachel Rice and Andrew Barlow, and includes Steven Malvey, Peter Elias, Michael Yang, Katherine Hogan, Daniel Kim, Chanani Sandler, Soohuen Ham, Heather Sussman, Matthew Coleman, Diana Gillis, Jeanine McGuinness, Kimberly Loocke, Daniel Yost, Arthur Moore, Ashley Walter and James Tierney.

Involved fees earner: Chris Anderson – O’Melveny & Myers LLP; Charles Baker – O’Melveny & Myers LLP; Robert Catmull – O’Melveny & Myers LLP; Zach Greenberg – O’Melveny & Myers LLP; Tobias Knapp – O’Melveny & Myers LLP; Amy Siegel – O’Melveny & Myers LLP; Andrew Barlow – Orrick Herrington & Sutcliffe LLP; John Bautista – Orrick Herrington & Sutcliffe LLP; Spencer Cohen – Orrick Herrington & Sutcliffe LLP; Matthew Coleman – Orrick Herrington & Sutcliffe LLP; Heather Egan Sussman – Orrick Herrington & Sutcliffe LLP; Peter Elias – Orrick Herrington & Sutcliffe LLP; Diana Gillis – Orrick Herrington & Sutcliffe LLP; John Harrison – Orrick Herrington & Sutcliffe LLP; Katherine Hogan – Orrick Herrington & Sutcliffe LLP; Daniel Kim – Orrick Herrington & Sutcliffe LLP; Kimberly Loocke – Orrick Herrington & Sutcliffe LLP; Steven Malvey – Orrick Herrington & Sutcliffe LLP; Jeanine McGuinness – Orrick Herrington & Sutcliffe LLP; Chanani Sandler – Orrick Herrington & Sutcliffe LLP; Mark Seneca – Orrick Herrington & Sutcliffe LLP; James Tierney – Orrick Herrington & Sutcliffe LLP; Ashley Walter – Orrick Herrington & Sutcliffe LLP; Michael Yang – Orrick Herrington & Sutcliffe LLP; Daniel Yost – Orrick Herrington & Sutcliffe LLP;

Law Firms: O’Melveny & Myers LLP; Orrick Herrington & Sutcliffe LLP;

Clients: Genius Sports Group; Second Spectrum;

Author: Martina Bellini