The·Team (IT), an IT company focused on sports and fitness solutions, has acquired GG11 (IT) to expand its market opportunities and services internationally.

AcquirerThe·Team (IT)
TargetGG11 (IT)
Deal valueUndisclosed
TypeAcquisition
Closing dateMay 21, 2026
Buy-side advisor(s)PwC
Sell-side advisor(s)Not disclosed
Legal (buy)Bird & Bird
Legal (sell)BDL

Deal mechanics:

The·Team acquired a significant stake in GG11, an IT company specializing in sports and fitness solutions. The deal value was not disclosed.

Strategic rationale:

This acquisition will bolster The·Team's offerings and international reach for its clients, enhancing market opportunities and service delivery within the sports and fitness sector.

Financial context:

The transaction aims to strengthen both companies' competitive positions by leveraging GG11’s expertise in technology solutions tailored to the sports and fitness industry. The·Team's expansion strategy seeks to capitalize on growing demand for advanced IT services in these markets.

Advisors:

PwC advised The·Team as financial advisor, while legal counsel was provided by Bird & Bird. On the other side, GG11’s sell-side advisors were not disclosed, but BDL served as legal advisor.

Outlook:

The partnership will likely result in synergistic growth opportunities for both firms, enhancing their capacity to serve a broader range of clients and drive innovation in sports and fitness IT solutions.