Comcast Cable Spinoff Versant Explores Sale of Youth Sports App

Versant, Comcast’s planned spinoff of its cable channels, is exploring a sale of its youth sports management app, SportsEngine, people familiar with the matter said. It’s the latest indication that the market for youth sports technology is headed for consolidation.

SportsEngine is a platform that manages communications and scheduling for kids’ athletic activities across ice hockey, soccer, volleyball and other sports. Versant hasn’t assigned a valuation to SportsEngine, and there is no guarantee that a sale will take place, according to one of the people familiar with the matter. Another person familiar with SportsEngine’s financials estimated its value at between $150 million and $200 million.