1、Drake Star Securities LLC is regulated by FINRA and is a member of SIPC.All securities in the UK,are transacted through Drake Star UK Limited(FRN 942020)an appointed representative of Kession Capital Ltd(FRN 582160)which is authorised and regulated by the Financial Conduct Authority.+1 203 524 5652

2、+1 310 696 +1 310 696 +44 77 4005 Note:Figures include deals that were announced in 2022.Source:Pitchbook,Drake Star analysis1,014199$5B+$90B92160831566618952261926387423574732$78.3B$9.2B$2.1B2022 DEAL VALUE2022 DEAL COUNTM&APrivate PlacementsPublic MarketsM&APRIVATE PLACEMENTS2022-2352022-747Total-

3、$89.6BTotal-1,0142022 SUMMARY2022 was an unprecedented year for sports tech breaking every previous record with$90B in deal value across 1,000+announced deals$78.3B in disclosed M&A activity,over 6x increase over 2021 with the help of 235 announced M&A deals.While Fantasy,Esports&Betting segment saw

4、 the largest deal activity,Fan Engagement/Experience segment reported over 70%increase in deal volumeEntain,Sony,Light and Wonder were some of the top strategic buyers.TGI/Bruin,Kore/Serent and Hudl/Bain Capital were highly acquisitive,accomplishing their large consolidation play backed by the large

5、 PE firms.PIF owned Savvy Group acquired some of the largest esports assets and continue to be highly acquisitive$9.2B was raised through private financings across 740+dealsincluding 19 large$100M+raises.The most active VCs included ACIES Investments,Animoca,HBSE Ventures,a16z,Elysian Park and Court

6、side VenturesOver$5B of new funds was raised by financial investors/buyers including the likes of Ares Management and RedBirdCapital to invest in sports tech2022 saw some high-profile SPAC listings in FL Entertainment and FaZe Clan.Infinite Reality announced its$1.9B SPAC merger with Newbury StreetM