SportsTech

In the current business landscape, mergers and acquisitions (M&A) hold significant importance, particularly within the SportsTech industry, and can be instrumental in reaching your ultimate objective. Each transaction possesses its own distinct characteristics, necessitating an advisor who customizes their approach to address the unique aspects of your merger and/or acquisition.

SportsTech companies engaging in public offerings or already publicly traded must adhere to rigorous Public Company SEC Compliance and Reporting requirements. Withum provides comprehensive assistance and guidance in navigating these obligations, ensuring compliance with SEC regulations and accurate reporting to maintain transparency and meet the specific compliance needs of public entities.

Many SportsTech companies encounter significant challenges regarding their accounting matters due to the overall complexity of the industry. Withum possesses the expertise and knowledge necessary to assist you in ensuring your accounting practices align with generally accepted accounting principles (US GAAP). Moreover, our team of valuation experts can provide valuable support in areas such as loan loss, credit losses and fair valuing intangibles for license fees and deferred license fees.

Withum offers global transfer pricing strategies for SportsTech companies which includes establishing and documenting appropriate pricing for intercompany transactions, ensuring compliance with tax regulations and minimizing the risk of tax disputes. This service ensures compliance with transfer pricing regulations and helps optimize profitability while mitigating the risk of disputes with tax authorities.