Edmond de Rothschild Investment Partners has sold its investment in Prozone, which it has held since June 2013, to STATS a specialist in sports technology.
Since 1981 STATS has specialised in the capture, processing and multi-platform distribution of complex sports data. Its sports coverage includes nearly 300 events around the world ranging from boxing to motorsports to soccer and basketball.
Founded in 2004, Prozone (formerly Amisco) invented tracking technologies and is the global leader in the production of data and analysis of athletic performance, including its undisputed top position in soccer. In acquiring Prozone, STATS is carrying out a major strategic operation that will allow it to complete its technological and sports offering as well as expand its geographical coverage.
The funds managed by Edmond de Rothschild Investment Partners and those of Midi Capital had fully underwritten a €5 million capital increase in June 2013, enabling the group to play a major role in the rapid consolidation of its market. Edmond de Rothschild Investment Partners and Midi Capital have invested in the company's capital alongside XAnge and Promelys Participations since 2010. Development efforts in the past two years have focused on the media offer and adapting multi-sport technology. In November 2013, Prozone acquired Verusco Technologies, a recognised New Zealand-based specialist in performance analysis in rugby.
Mayeul Caron, Investment Director at Edmond de Rothschild Investment Partners, says: "We are very pleased to have accompanied Thomas Schmider and his team in building a multi-sports group active on all continents and directly at the heart of an exceptional growth trend comprising sports, big data and the world of media."
Thomas Schmider, Chairman and CEO of the Prozone Group, says: "Founded in France, Prozone has become the world leader in sports performance analysis through organic growth and an ambitious acquisition strategy supported by our investors, including Edmond de Rothschild Investment Partners since 2013. Today we are proud to take part in creating the world leader in sports data."
