Munich, January 31st 2023 – DUBAG Group is proud to announce the closing of a new transaction within their exclusively managed LEO II fund.
The Geneva based company Eurovision Services SA was acquired by LEO II. GmbH & Co. KG from the European Broadcasting Union (EBU). Eurovision Services orchestrates the global media content value chain with outstanding hybrid network capabilities, servicing sports federations, right holders and media companies around the world and allowing hundreds of millions of viewers to enjoy high calibre (sports) events. The Company has presences in North America, Europe, Middle East and Asia to ensure coordination across time-zones and 24/7 service availability and employs approx. 250 employees. Among ES’s biggest customers are sports federations and right holders like UEFA, Formula 1 or the NBA.
The European Broadcasting Union is an alliance of public service media organisations. As of 2022, it is made up of 112 member organizations from 54 countries, and 30 associate members from further 19 countries. It was established in 1950 and has its administrative headquarters in Geneva.
The DUBAG team looks forward to re-creating value and is welcoming Eurovision Services into their portfolio.
“With the takeover of Eurovision Services we extend our portfolio with a promising venture. We are convinced ES will be the first-choice provider for event organizers, media organizations and sport federations. We are looking forward to a successful collaboration with all employees and customers.” says Emanuel Cattanei, Partner at DUBAG Group.