Silva International Investments and SportBusiness Group are delighted to announce that the process of SBA Limited acquiring SportBusiness Group has now closed. SBA Limited, managed by Silva International Investments, becomes the parent company of SportBusiness Group with immediate effect.
Under the new ownership structure, further investment in increasing the quality of content, data and technology will provide SportBusiness Group with an even broader platform for growth and success, both in existing services and new areas.
On behalf of SportBusiness Group, CEO Ben Speight said: “In the last few years, the company has successfully completed a transition from being reliant on advertising funding to being built on customers subscribing to business-critical information in the form of high quality, exclusive data and independent analysis. We have enjoyed significant growth by realigning the business in this way and we have a clear roadmap of how we can provide further value to our customers by developing our existing products and pushing into new areas. Therefore, to have this new investment is timely and hugely exciting for us. Moreover, it is a massive endorsement of the work we have done so far to receive the backing from new owners who have such a strong knowledge of the industry.