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Sportradar appoints tech expert Aquila to chairman as part of growth push

Sportradar, the sports data intelligence provider, has appointed inventor and entrepreneur Tony Aquila to the position of global chairman as part of a restructuring of its global board that includes three further appointments.

Marc Walder, Herve Couturier and George Fleet, will join the new chairman on the company’s board as it seeks to build out its technology capabilities and drive the next stage of its growth.

Aquila is the founder, chairman and chief executive of Solera Holdings, a global technology company that develops technology solutions which manage and protect businesses and consumers within the automotive, mobility, financial and cybersecurity industries in over 90 countries. He is also an inventor with more than one hundred patents.

Walder, a former professional tennis player on the ATP Tour, is currently the chief executive of Ringier, a Swiss media group with 7,000 employees in 18 different countries, and founder of the nationwide initiative digitalswitzerland, which seeks to strengthen Switzerland’s position as a hub for digital innovation.

Couturier is a non-executive board member at Sabre, a provider of solutions for the travel industry; at SimCorp SAS, a provider of investment management software solutions for financial organisations; and is the former chief technology officer of Amadeus.

Fleet is head of advisory at financial services firm Canaccord Genuity and comes to the board with substantial experience in investment banking with particular experience in complex public and private acquisitions, mergers and disposals.

“Each board member brings an incomparable wealth of experience and strategic vision that will further enhance the expertise of our board as we continue to build the ecosystem of sports insight,” said Sportradar chief executive Carsten Koerl.

“We have not only doubled down on the US as the betting market continues to open but are ramping up our efforts to transform the way our betting partners (bookmakers, lotteries and casinos), leagues, broadcasters, and digital/social media companies delight fans and protect the business of sport.”

In July, Canada Pension Plan Investment Board, through its wholly-owned subsidiary, CPP Investment Board Europe and Silicon Valley-based growth equity firm TCV acquired a stake in Sportradar at an enterprise value of €2.1bn ($2.4bn) from private equity firm EQT and certain minority shareholders.

Additional existing shareholders in Sportradar include Revolution Growth, entrepreneur Ted Leonsis, basketball legend Michael Jordan and entrepreneur Mark Cuban.

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