M&A Deal Summary

Light & Wonder and Aristocrat Acquire EssNet Businesses

On January 20, 2007, Light & Wonder and Aristocrat acquired leisure company EssNet Businesses from Tensse AB for 460M SEK

Acquisition Highlights
  • This is Light & Wonder’s 1st and Aristocrat’s 1st transaction in the Leisure sector.
  • This is Light & Wonder’s 3rd and Aristocrat’s 2nd largest (disclosed) transaction.
  • This is Light & Wonder’s 1st and Aristocrat’s 1st transaction in Sweden.

M&A Deal Summary
Date 2007-01-20
Target EssNet Businesses
Sector Leisure
Buyer(s) Light & Wonder
Aristocrat
Sellers(s) Tensse AB
Deal Type Divestiture
Deal Value 460M SEK

Target

EssNet Businesses

Stockholm, Sweden
EssNet, the world leader in server-based gaming, a pioneer in gaming via internet, mobile and interactive TV channels, and a major provider of turnkey online lottery systems worldwide.

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Buyer(S) 2

Buyer

Light & Wonder

Las Vegas, Nevada, United States
Category Company
Founded 1984
Sector Gaming
Employees6,000
Revenue 2.9B USD (2023)
DESCRIPTION
Scientific Games facility in Las Vegas, Nevada.
Scientific Games facility in Las Vegas, Nevada.

Light & Wonder is a developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company's portfolio includes instant and draw-based lottery games; electronic gaming machines and game content; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and social, mobile and interactive content and services. Light & Wonder was established in 1984 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 2 of 22
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 2
Country (Sweden) 1 of 2
Year (2007) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-20 The Global Draw

Feltham, United Kingdom

The Global Draw Ltd. is a provider of gaming solutions for the licensed betting office, arcade and bingo sectors in the UK as well as a content provider for the interactive gaming sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-05 GameLogic

Waltham, Massachusetts, United States

GameLogic, Inc. is a developer of web-based loyalty programs for the casino industry before recently expanding its offerings to serve the needs of lotteries.

Buy -
Buyer

Aristocrat

North Ryde, Australia
Category Company
Founded 1984
Sector Internet Software and Services
Employees6,000
Revenue 4.1B AUD (2020)
DESCRIPTION

Aristocrat is a supplier of server-based-gaming and online client server solutions for interactive video terminals in both Norway and Italy. Aristocrat was founded in 1984 and is based in North Ryde, Australia.

DEAL STATS #
Overall 1 of 6
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 2 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-29 Product Madness

San Francisco, California, United States

Product Madness, Inc. is a publisher of social applications and social games. It focuses on the social gambling type games having successfully published 10 titles in this domain.

Buy -

Seller(S) 1

SELLER

Tensse AB

Stockholm, Sweden
Category Company
Founded 1936
Sector Leisure
DESCRIPTION

Tensse AB provides lottery products for the gaming industry.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2007) 1 of 1
Mergr

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