0001104659-22-021170.txt : 20220214 0001104659-22-021170.hdr.sgml : 20220214 20220214061705 ACCESSION NUMBER: 0001104659-22-021170 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220214 DATE AS OF CHANGE: 20220214 GROUP MEMBERS: TCV IX (A), L.P. GROUP MEMBERS: TCV IX (B), L.P. GROUP MEMBERS: TCV IX, L.P. GROUP MEMBERS: TCV LUXCO SPORTS S.A.R.L. GROUP MEMBERS: TCV MEMBER FUND, L.P. GROUP MEMBERS: TCV SPORTS, L.P. GROUP MEMBERS: TECHNOLOGY CROSSOVER MANAGEMENT IX, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Sportradar Group AG CENTRAL INDEX KEY: 0001836470 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 000000000 STATE OF INCORPORATION: V8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-93297 FILM NUMBER: 22624650 BUSINESS ADDRESS: STREET 1: FELDLISTRASSE 2 CITY: ST. GALLEN STATE: V8 ZIP: CH-9000 BUSINESS PHONE: 49 89 2000 845 1137 MAIL ADDRESS: STREET 1: FELDLISTRASSE 2 CITY: ST. GALLEN STATE: V8 ZIP: CH-9000 FORMER COMPANY: FORMER CONFORMED NAME: Sportradar Holding AG DATE OF NAME CHANGE: 20210219 FORMER COMPANY: FORMER CONFORMED NAME: Sportrader Holding AG DATE OF NAME CHANGE: 20201214 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Technology Crossover Management IX, Ltd. CENTRAL INDEX KEY: 0001698264 IRS NUMBER: 981289836 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O TECHNOLOGY CROSSOVER VENTURES STREET 2: 250 MIDDLEFIELD ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-614-8200 MAIL ADDRESS: STREET 1: C/O TECHNOLOGY CROSSOVER VENTURES STREET 2: 250 MIDDLEFIELD ROAD CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 tm226105d1_sc13g.htm SC 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

SPORTRADAR GROUP AG

(Name of Issuer)

Class A Ordinary Shares, nominal value CHF 0.10 per share

(Title of Class of Securities)

H8088L103

(CUSIP Number)

December 31, 2021

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨	Rule 13d-1(b)
¨	Rule 13d-1(c)
x	Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP # H8088L103

1	NAMES OF REPORTING PERSONS Technology Crossover Management IX, Ltd.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

SHARED VOTING POWER

185,184

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

34,079,496

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 34,079,496
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.6%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO

CUSIP # H8088L103

1	NAMES OF REPORTING PERSONS Technology Crossover Management IX, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

SHARED VOTING POWER

176,744

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

34,071,056

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 34,071,056
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.6%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

CUSIP # H8088L103

1	NAMES OF REPORTING PERSONS TCV Luxco Sports S.à.r.l.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Luxembourg

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

SHARED VOTING POWER

33,894,312

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

33,894,312

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 33,894,312
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.5%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) CO

CUSIP # H8088L103

1	NAMES OF REPORTING PERSONS TCV IX, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

SHARED VOTING POWER

108,727

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

34,003,039

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 34,003,039
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 16.6%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

CUSIP # H8088L103

1	NAMES OF REPORTING PERSONS TCV IX (A), L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

SHARED VOTING POWER

30,679

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

30,679

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 30,679
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) less than 0.1%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

CUSIP # H8088L103

1	NAMES OF REPORTING PERSONS TCV IX (B), L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

SHARED VOTING POWER

5,807

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

5,807

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,807
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) less than 0.1%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

CUSIP # H8088L103

1	NAMES OF REPORTING PERSONS TCV Member Fund, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

SHARED VOTING POWER

8,440

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

8,440

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,440
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) less than 0.1%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

CUSIP # H8088L103

1	NAMES OF REPORTING PERSONS TCV Sports, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands

NUMBER OF SHARES BENEFICIALLY OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

SHARED VOTING POWER

31,531

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

31,531

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 31,531
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) ¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) less than 0.1%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN

	Item 1(a).	Name of Issuer

		Sportradar Group AG (the “Issuer”)

	Item 1(b).	Address of Issuer’s Principal Executive Offices

		Feldlistrasse 2
		CH-9000 St. Gallen
		Switzerland

	Item 2(a).	Name of Persons Filing

This statement is being filed by (1) Technology Crossover Management IX, Ltd., a Cayman Islands exempted company, (2) Technology Crossover Management IX, L.P., a Cayman Islands exempted limited partnership, (3) TCV Luxco Sports S.à.r.l, a Luxembourg company, (4) TCV IX, L.P., a Cayman Islands exempted limited partnership, (5) TCV IX (A), L.P., a Cayman Islands exempted limited partnership, (6) TCV IX (B), L.P., a Cayman Islands exempted limited partnership, (7) TCV Member Fund, L.P., a Cayman Islands exempted limited partnership and (8) TCV Sports, L.P., a Cayman Islands exempted limited partnership. The foregoing entities are collectively referred to herein as the “Reporting Persons.”

	Item 2(b).	Address of Principal Business Office

		The mailing address for each of the Reporting Persons is:
		c/o TCV
		250 Middlefield Road
		Menlo Park, California 94025

	Item 2(c).	Citizenship

		See response to Item 4 of each of the cover pages and Item 2(a) above.

	Item 2(d) and 2(e).	Title of Class of Securities and CUSIP Number

		Class A Ordinary Shares (“Class A Ordinary Shares”), nominal value CHF 0.10 per share
		CUSIP Number: H8088L103

	Item 3.	Not applicable.

	Item 4.	Ownership

The responses of the Reporting Persons to Rows (5) through (9) and (11) of the cover pages of this Schedule 13G are incorporated herein by reference.

Blackbird Holdco Ltd. (“Blackbird”) holds 131,501,490 Class A Ordinary Shares. TCV IX, L.P. holds 108,727 Class A Ordinary Shares, TCV IX (A), L.P. holds 30,679 Class A Ordinary Shares, TCV IX (B), L.P. holds 5,807 Class A Ordinary Shares, TCV Sports, L.P. holds 31,531 Class A Ordinary Shares and TCV Member Fund, L.P. holds 8,440 Class A Ordinary Shares.

Blackbird is owned by CPP Investment Board Europe S.à r.l., TCV Luxco Sports S.à.r.l. (“TCV Europe”), Blackbird BV InvestCo S.à r.l. and 10868680 Canada Inc., and by virtue of its ownership in Blackbird, TCV Europe may be deemed to share beneficial ownership over 33,894,312 Class A Ordinary Shares held by Blackbird. TCV Europe is owned by TCV IX, L.P., TCV IX (A), L.P., TCV IX (B), L.P., and TCV Sports, L.P. (collectively, the “TCV IX Funds”) and TCV Member Fund, L.P. (the “Member Fund”, and collectively with the TCV IX Funds, the “TCV Funds”). TCV IX, L.P. is the majority shareholder of TCV Europe. Technology Crossover Management IX, L.P. (“TCV Management”) is the general partner of each of the TCV IX Funds. Technology Crossover Management IX, Ltd. (“TCM”) is a general partner of Member Fund and the general partner of TCV Management.

Calculation of the percentage of Class A Ordinary Shares beneficially owned is based on 205,454,977 Class A Ordinary Shares outstanding as of September 13, 2021, as reported in the prospectus, dated September 13, 2021, as filed by the Issuer with the Securities and Exchange Commission on September 15, 2021.

Except as set forth in this Item 4, each of the Reporting Persons disclaims beneficial ownership of any Class A Ordinary Shares owned beneficially or of record by any other Reporting Person.

	Item 5.	Ownership of Five Percent or Less of a Class

	Not applicable.

	Item 6.	Ownership of More than Five Percent on Behalf of Another Person

	Not applicable.

	Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

	Not applicable.

	Item 8.	Identification and Classification of Members of the Group

	See Item 4 above.

	Item 9.	Notice of Dissolution of Group

	Not applicable.

	Item 10.	Certifications

	Not applicable.

SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2022	TECHNOLOGY CROSSOVER MANAGEMENT IX, LTD.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TECHNOLOGY CROSSOVER MANAGEMENT IX, L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV LUXCO SPORTS S.À.R.L.


	By:	/s/ John Doran
	Name:	John Doran
	Its:	Class A Manager

	RCS Management (Luxembourg) S.à.r.l., as Class B Manager


	By:	/s/ Ed Breedveld
	Name:	Ed Breedveld
	Its:	Manager

	TCV IX, L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV IX (A), L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV IX (B), L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV MEMBER FUND, L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV SPORTS, L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

EXHIBIT

Exhibit

Exhibit 99.1:	Agreement of Joint Filing (filed herewith).

Exhibit 99.2:	Statement Appointing Designated Filer and Authorized Signatories dated February 14, 2019 (incorporated by reference to Exhibit 99.2 to the Schedule 13G relating to the Ordinary Shares of Spotify Technology S.A. filed on February 14, 2019).

EX-99.1 2 tm226105d1_ex99-1.htm EXHIBIT 99.1

EXHIBIT 99.1

Joint Filing Agreement

In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with all other Reporting Persons (as such term is defined in the Schedule 13G referred to below) on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A Ordinary Shares, of Sportradar Group AG, a corporation organized under the laws of Switzerland, and that this Agreement may be included as an Exhibit to such joint filing. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of the 14th day of February, 2022.

	TECHNOLOGY CROSSOVER MANAGEMENT IX, LTD.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TECHNOLOGY CROSSOVER MANAGEMENT IX, L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV LUXCO SPORTS S.À.R.L.


	By:	/s/ John Doran
	Name:	John Doran
	Its:	Class A Manager

	RCS Management (Luxembourg) S.à.r.l., as Class B Manager


	By:	/s/ Ed Breedveld
	Name:	Ed Breedveld
	Its:	Manager

	TCV IX, L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV IX (A), L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV IX (B), L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV MEMBER FUND, L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory

	TCV SPORTS, L.P.


	By:	/s/ Frederic D. Fenton
	Name:	Frederic D. Fenton
	Its:	Authorized Signatory