Ropes & Gray advised Sports Entertainment Acquisition Corp., a publicly traded special purpose acquisition company, in a definitive agreement to combine with SGHC Limited (“Super Group) to create a global gaming company to be listed on the New York Stock Exchange. The transaction was announced on April 25. The press release is here.
Sports Entertainment Acquisition Corp. trades on the NYSE under the symbol “SEAH.” The special purpose acquisition company is focused on the sports and entertainment sectors as well as technology and services associated with these verticals. Super Group is the holding company for the global online sports betting and gaming businesses Betway and Spin.
The Ropes & Gray team that advised Sports Entertainment Acquisition Corp. was led by mergers & acquisitions partners Carl Marcellino (New York) and Rachel Phillips (New York), and private equity associate PJ Sullivan (Boston), and included capital markets partner Paul Tropp (New York), private equity associate Kim Ton-That (New York), tax partners Elaine Murphy (Boston) and Andrew Howard (London), data, privacy & cybersecurity partners Rohan Massey (London) and Edward McNicholas (Washington D.C.), employment, executive compensation & benefits partner Renata Ferrari (Boston) and private equity partner Elizabeth Todd (London).
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.