Youth sports management software provider PlayMetrics sold sports performance video analysis tool Steva to Cardinal Sports Capital.
The sale comes a few months after Stack Sports acquired PlayMetrics. That deal was announced as a merger with Genstar Capital as the majority owner of the combined company, but both brands are mentioned in the press release on the Steva sale.
The companies plan to "concentrate our resources where we can deliver the most value," PlayMetrics CEO Mike Doernberg said in the release.
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