DORDA's Digital Industries Group, led by Christian Ritschka (partner, M&A) as well as Bernhard Rieder (partner, Corporate) and Julia Landskron (principal associate, Corporate), advised European growth equity investor Verdane on its successful partnership with Austrian sports platform Eversports. As Austrian local counsel, DORDA worked closely with Kirkland & Ellis (Munich), who acted as main counsel.
Eversports, founded in 2013, has established itself as the leading SaaS platform for sports bookings in Europe. Eversports offers sports enthusiasts an easy and convenient way to find and book the right sport, having over 4,000 active sports providers and 500,000 monthly active users.
With Verdane as its new partner, Eversports will continue to expand internationally and further develop its offering for sports providers and users. Verdane, known for its expertise in supporting technology-driven companies, will help Eversports to expand its leading market position. Verdane has over EUR 7.7 billion in assets under management and its funds have made over 400 investments in fast-growing businesses since 2003. Verdane’s team of over 140 investment professionals and operating experts, based out of Berlin, Munich, Copenhagen, Helsinki, London, Oslo and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
Christian Ritschka, comments: “Verdane's partnership with Eversports is further proof of the attractiveness of the Austrian technology market and we are particularly pleased that we were able to demonstrate our strength in the tech area also in this transaction.”
Christian Ritschka, Bernhard Rieder and Julia Landskron were supported in particular by DORDA partners Axel Anderl (IT/IP & Data Protection), Heinrich Kühnert (Competition Law) and Tibor Varga (Banking & Finance), DORDA principal associates Georg Durstberger (Corporate), Katrin Repic (Banking & Finance Financing/Capital Markets), Florina Thenmayer (Employment) and DORDA associates Stefanie Dirnbauer (IT/IP), Aleksandra Hübl-Langer (M&A), Corina Kruesz (Data Protection), Mirko Marjanovic (Competition) and Antonia Stubbe (Financing).