Successful Deals with PwC: Sale of Eurovision Services by European Broadcasting Union to DUBAG Group

The Corporate Finance team is pleased to announce the sale of Eurovision Services S.A. and its subsidiaries (“Eurovision Services”) to the DUBAG Group. PwC supported the European Broadcasting Union (“EBU”) as lead advisor and provided financial, tax, and business planning vendor assistance.

Carved-out in 2019 by EBU, the world's foremost alliance of public service media organizations with members in 56 countries and an audience over 1 billion people, Eurovision Services is a leading provider of live content distribution and management. Headquartered in Geneva, Switzerland, with subsidiaries in Spain, the United States, China and Singapore, Eurovision Services has extensive experience in delivering complex events globally. As the partner for major sports events, such as UEFA Champions League, UEFA European Championship, Premier League, Bundesliga, NBA, Formula 1, Wimbledon, Roland-Garros, Tour de France, PGA, or the Olympic Games, over 300 broadcasters are served with high-quality live content annually, allowing viewers worldwide to enjoy sports at the highest level. Moreover, Eurovision Services enables the distribution of live video and audio streams from entertainment events, such as the Eurovision Song Contest, as well as a wide variety of political and social news events around the world.

The DUBAG Group is a specialized investment advisor based in Munich, Germany, managing private equity funds, which aim at the acquisition and active development of companies, DUBAG has a proven track record of over 70 successfully conducted transactions.

The transaction was closed on 31 January 2023.