M&A Year in Review 2023 brochure - Flipbook - Page 52
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Sports, Media, and Entertainment
We advised ARN Media, an Australian media company,
on the sale of its interest in Soprano Design Limited, a
technology company that supplies SMS, AI Voice, and
messaging services.
We advised Azerion, a high-growth digital entertainment
and media platform, on its acquisition of AdPlay S.r.l., a
company specializing in digital transformation, media
innovation, advertising, and technology.
The transaction, with US$66.3 million in proceeds,
delivers shareholders a meaningful return on investment
and provides 昀椀nancial 昀氀exibility for ARN Media to
continue to invest in media assets.
The acquisition provides advertisers with increased access
to audiences in Italy through new formats and content,
including digital out-of-home and 昀椀rst look advertising.
Lawyers in our Sydney o昀케ce led the transaction.
We advised Major League Soccer’s Inter Miami CF on a
US$75 million equity investment into the Florida-based
franchise by Ares Capital and on the signing of Argentine
superstar Lionel Messi, seven-time Ballon D’Or winner
and 2022 FIFA World Cup Champion.
Messi’s transfer to Inter Miami CF is a transformative
event for soccer in the United States. Messi comes to Major
League Soccer having spent the 昀椀rst 21 years of his career
playing for Barcelona in Spain’s Primera Liga, where he
holds the club record for goals and assists.
Lawyers in our Denver o昀케ce led the transaction, with
support from our New York o昀케ce and our tax practice.
Lawyers in our Milan and Rome o昀케ces led the
transaction, with support from our Amsterdam o昀케ce.
We advised Felix Capital, a UK-based venture capital
昀椀rm, on its seed investment in Omada, a France-based
social gaming app for young sports fans.
Felix Capital’s investment allows Omada to continue
its development and accelerate the growth of its
international audience, which already boasts more than
300,000 monthly players in France and over a million
worldwide, with a large concentration of app users in
the UK and United States.
Lawyers in our Paris o昀케ce led the transaction, with
support from our employment, intellectual property,
and privacy and cybersecurity practices.
