Ropes & Gray Represents Sports Entertainment Acquisition Corporation in Closing its Merger with SGHC Limited
Ropes & Gray represented the Sports Entertainment Acquisition Corporation (SEAH), a publicly traded special purpose acquisition company in its merger with SGHC Limited, the parent company of Betway, a leading online sports betting and gaming business. SEAH has merged with and into Super Group with SGHC as the remaining corporation. The closing was announced Jan. 27 in a press release.
On Jan. 28, 2022, Super Group’s ordinary shares and public warrants began trading on the New York Stock Exchange under the ticker symbol “SGHC” and “SGHC WS.”
The Ropes & Gray team that represented Sports Entertainment Acquisition Corp. was led by mergers & acquisitions partner Carl Marcellino (New York) and capital markets partner Rachel Phillips (New York), and private equity associate PJ Sullivan (Boston), and included capital markets partner Paul Tropp (New York), private equity associates Kim Ton-That and Konrad Thallner (both of New York), strategic transactions associate Brandon Krueger (New York), tax partners Elaine Murphy (Boston) and Andrew Howard (London), data, privacy & cybersecurity partners Rohan Massey (London) and Edward McNicholas (Washington D.C.), benefits partners Kyle Higley and Renata Ferrari (both of Boston), private equity partner Elizabeth Todd (London), commercial and securities litigation partner David Hennes (New York), litigation & enforcement counsel Patrick Welsh (Boston) and Lisa Kaltenbrunner (London), and private equity counsel James Kaplan (Boston).