Houlihan Lokey Advises Sportscape Group

Houlihan Lokey is pleased to announce that Sportscape Group (Sportscape), a portfolio company of Bridgepoint Development Capital (BDC) and BD-Capital, has successfully executed a holistic debt refinancing. Houlihan Lokey served as the exclusive financing advisor on this transaction, which closed on 23 July 2024.

Formed in 2022 through the merger of Sport Pursuit and Private Sports Shop, Sportscape is Europe’s leading off-price, members-only sports and outdoor e-commerce specialist, serving real sports and outdoor enthusiasts. With more than 2,000 sports and outdoor brands, the group had c. 28 million members and more than 1 million active customers in 2023, generating the majority of its revenue in the U.K. and France.

BDC—the lower mid-cap growth strategy of Bridgepoint, the global private equity group—operates a dedicated, experienced investment team on the ground in markets across Europe. BDC typically invests up to €150 million in buyouts and growth capital, adding value to portfolio companies by leveraging its resources and deep expertise across Europe, North America, and Asia.

Founded in 2019, BD-Capital is a London-based private equity firm that partners with management teams to build mid-market companies across Europe. It focuses on investment opportunities in the healthcare, services, and consumer sectors, where technological disruption and changing consumer behaviors create growth potential. BD-Capital operates with a pan-European approach, with hubs in the U.K., Benelux, and Iberia, investing equity amounts ranging from €25 million to €150 million per opportunity.

Houlihan Lokey served as the exclusive financing advisor to arrange, structure, and negotiate the debt raise for Sportscape.

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