Sports Revolution receives backing from Sustainable Technology Investments
Deal set to fund firm’s growing stadium infrastructure media projects
Sports media and marketing group Sports Revolution has secured an investment from Sustainable Technology Investment Guernsey Ltd (STIG).
Led by executive chairman Chris Ingram, who sold his international media agency Tempus Group for £430m in 2001, Sports Revolution has been involved in a series of large football deals, which include negotiating Heineken’s Champions League sponsorship and advising UEFA on social media strategy.
The company’s media technology, which includes LED pitch-side advertising and HD concourse TV is currently installed in 22 arenas across the UK and with the new funding in place, Sports Revolution is hoping to boost its stadium infrastructure media projects.
The deal sees STIG’s Gordon Power join the Sports Revolution board as non-executive director; an investment industry veteran, Power previously formed ProVen Private Equity (now Beringea) in 1984.
He commented: “We saw an opportunity here to help fund the business as it becomes increasingly involved in stadia media infrastructure.
“We think they are well-positioned to maximise exciting opportunities in sports media and I look forward to working closely with the management team.”