Fengate to invest in sports news and data app theScore
Fengate Asset Management has agreed to invest C$40 million in Toronto-based theScore, a sports news and data app. The capital will be used to grow and develop theScore's media and sports betting businesses. Redbird Sports Group acted as financial adviser to theScore while PJT Partners did likewise for Fengate. McCarthy Tétrault LLP and Duane Morris LLP provided legal advice to theScore, and Torys LLP acted as legal adviser to Fengate. Based in Toronto, Fengate is an alternative investment manager focused on infrastructure, private equity and real estate strategies.
3 September 2019•6 mins read
