Acquiring Company
Backstageplay
Acquired Company
NeXT Sports Group
Description
Backstageplay Inc. has completed the acquisition of software and technology assets from NeXT Sports Group Inc. for CAD $180,000, satisfied through the issuance of common shares. The acquired assets include significant technology aimed at enhancing Backstageplay's gaming platform. The transaction has been accepted by the TSX Venture Exchange and involves a non-arm's length consideration due to shared leadership between the companies.
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M&A Insights
Based on deal dataFrequently asked
Who acquired NeXT Sports Group?
NeXT Sports Group was acquired by Backstageplay, based in Vancouver. The deal was reported on August 24, 2026. Backstageplay Inc. is a British Columbia corporation listed on the NEX board of the TSX Venture Exchange. The Company is relaunching its social gaming platform in 2026. Backstageplay is privately held and operates in Gaming.
When did Backstageplay acquire NeXT Sports Group?
Backstageplay's acquisition of NeXT Sports Group was reported on August 24, 2026. Backstageplay Inc. has completed the acquisition of software and technology assets from NeXT Sports Group Inc. for CAD $180,000, satisfied through the issuance of common shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does NeXT Sports Group do?
NeXT Sports Group Inc. is involved in developing technologies aimed at enhancing real-time fan engagement during live sporting events. Their offerings include a production-tested software platform and various integrations with sports data providers. It is privately held, operating in Software.
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