Ashurst advises LIGR on sale to Crionet
05 December 2023
Global law firm Ashurst has advised Live Graphics Systems Pty Ltd (LIGR) on the sale of a majority of its share capital to Crionet.
LIGR is a Sydney-based live sports graphics platform that provides services for sporting organisations and production companies to create and automate professional livestreams with TV-quality sports graphics, in-game stats, advertising, automated highlights, and more.
Crionet provides integrated media solutions for various sporting events for the sports and media industry, offering solutions such as software development, data collection, data presentation, and live production.
Partner Jason Maletic said:
"We are proud to have acted for LIGR from its early stage funding rounds to its recent acquisition by Crionet and are delighted to have been able to play a role in this significant transaction. We are excited to follow LIGR's next journey with Crionet to expand its business within the sports and media industry."
The Ashurst team was led by partner Jason Maletic, who was assisted by: partner Stuart Dullard, senior associate Parinna Lau, and associates Alexandra Harley and Sophie Norrish (Corporate Transactions); partner Jennie Mansfield and senior associate Mohamad Ardati (Employment); and partner Fabio Niccoli, consultant Edoardo Bignami, Counsel Andrea Di Rosa, and associate Carolina Quagliata (Corporate Transactions, Milan).
