Dechert Advises Slinger Bag in its Acquisition of PlaySight Interactive
October 14, 2021
Dechert advised Slinger Bag Inc. ("Slinger"), a leading connected sports company, in its acquisition of PlaySight Interactive Ltd. PlaySight is an Israel-based pioneer and leader across sports video technology, data capture, high performance analytics and automated video production.
Closing of the merger is conditional upon the satisfaction or waiver of customary conditions. Upon closing, Slinger will acquire 100 percent of the issued and outstanding shares of PlaySight in exchange for 28,333,333 shares of Slinger’s common stock plus additional contingent earnout consideration. The transaction is valued at an estimated US$82 million (before earnout) based on Slinger’s previous market close share price.
The Dechert cross-border team involved lawyers from its London, Philadelphia, New York and Boston offices, including corporate partners Douglas L. Getter and Stephen M. Leitzell; counsel James Stonehill; special counsel Francois Quintard-Morenas; and associates Christopher R. Rodrigues and David Nicholls; IP partner Timothy C. Blank and associates Nathan Smith and Dylan Balbirnie; employee benefits partner David F. Jones and associate Michael Binko; and labor counsel Jeffrey W. Rubin.
About Dechert
Dechert is a leading global law firm with 22 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
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