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Deal snapshot: SPORTS ILLUSTRATED PLAY ACQUIRES TOURNAMENT MANAGEMENT, SCHEDULING SOFTWARE.

MANews-(C)2009-2016

US-based online sports league management company Sports Illustrated Play (SI Play) has acquired Iowa-based tournament management and scheduling software provider Tourney Machine, the company said.

Tourney Machine will provide a tournament management product that is a complement to SI Play's core league and team management and in-game scoring capabilities. Together, they will provide a suite of digital and mobile league management and tournament services for clubs, organisations, leagues and governing bodies within a youth sports platform. Since its 2013 debut, Tourney Machine has managed more than 780,000 games across 8,000 tournaments, including participation from 393,000 teams and 3m players.

Country: USA

Sector: IT/Online Services

Target: Tourney Machine

Buyer: Sports Illustrated Play

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:Apr 21, 2016
Words:139
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