A Done Deal: Stats LLC Says Acquisition By Vista Equity Has Officially Closed
Stats LLC late Thursday said its acquisition by S.F.-based private equity firm Vista Equity Partners last month has officially closed. The deal, valued in excess of $200M, was originally slated to close around the end of the May. Stats is expected to be a key element of Vista Equity Partners’ broader entry into the data services market. “Stats has an impressive record of changing the way professional sports are delivered to customers and consumed by fans,” said Vista Equity Partners Chair & CEO Robert Smith. “We are eager to build upon that success to better provide customers and partners with new products, datasets and technology that will help them grow their own businesses.” Stats CEO Gary Walrath said last month that Vista Equity Partners is aiming to double the company’s size over the next four years from its current annual revenue of $60M.