M&A Deal Summary

Flutter Entertainment Acquires The Stars Group

On May 4, 2020, Flutter Entertainment acquired software company The Stars Group

Acquisition Highlights
  • This is Flutter Entertainment’s 2nd transaction in the Software sector.
  • This is Flutter Entertainment’s 1st transaction in Canada.
  • This is Flutter Entertainment’s 1st transaction in Ontario.

M&A Deal Summary

Date 2020-05-04
Target The Stars Group
Sector Software
Buyer(s) Flutter Entertainment
Deal Type Add-on Acquisition

Target

The Stars Group

Toronto, Ontario, Canada
website
The Stars Group is a designer, developer, manufactures, distributes, sells, and services technology-based gaming solutions for the regulated gaming industry worldwide. The Stars Group was founded in 2004 and is based in Toronto, Canada.

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Buyer(S) 1

Buyer

Flutter Entertainment

Dublin, Ireland

website


Category Company
Founded 1958
Sector Gaming
Employees9,153
Revenue 6.0B GBP (2021)
DESCRIPTION

Flutter Entertainment is a betting and gaming company. Flutter Entertainment was founded in 1958 and is based in Dublin, Ireland.


DEAL STATS #
Overall 5 of 6
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-23 FanDuel

New York, New York, United States

FanDuel, Inc. operates an online fantasy sports platform that enables users to play fantasy games and win cash prizes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 Sisal

Milan, Italy

Sisal is an operator in the Italian gaming market as a government licensee. Through its capillary network of 47,000 points of sale, the company in excess of 500 payment services to the Italian public which are still primarily reliant on traditional cash payments. Sisal is based in Milan, Italy.

Buy €1.9B