Sept 7 (Reuters) - Switzerland-based sports data provider Sportradar Group AG is aiming to raise as much as $532 million in a U.S. initial public offering (IPO), a regulatory filing showed on Tuesday. The company intends bit.ly/3n94jLD to sell 19 million Class A ordinary shares, priced between $25 and $28 apiece. It also said entities affiliated with Eldridge and Radcliff Management Llc and some other investors would buy $159 million of its Class A ordinary shares at IPO price. Sportradar said it estimates net proceeds from the offering to be about $623.9 million, assuming an IPO price of $26.50 per Class A ordinary share, which it could use to drive growth and acquire or invest in companies. Founded in 2001, Sportradar serves more than 1,600 customers across 120 countries and is an official partner of the National Basketball Association, the National Hockey League and the NASCAR, according to the company’s website. Sportradar provides software, data and content through subscription and revenue share arrangements to sports leagues, betting operators and media firms. Its customers include DraftKings, Twitter and ESPN. Sportradar said it plans to list on the Nasdaq under the ticker symbol “SRAD”, and that J.P. Morgan, Morgan Stanley, Citigroup and UBS Investment Bank will act as lead book-running managers. (Reporting by Sohini Podder and Praveen Paramasivam in Bengaluru; Editing by Shinjini Ganguli) Our Standards: The Thomson Reuters Trust Principles.