Stake Purchase • Gaming

Cornerstone Investment Management Invests In E-Toto

On January 1, 2014, private equity firm Cornerstone Investment Management invested in gaming company E-Toto

Investment Context
  • This is Cornerstone Investment Management’s 1st transaction in the Gaming sector.
  • This is Cornerstone Investment Management’s 1st transaction in Poland.

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Investment Summary

Date January 1, 2014
Target E-Toto
Sector Gaming
Investor(s) Cornerstone Investment Management
Deal Type Stake Purchase

Target Company

E-Toto

Warsaw, Poland
E-TOTO is Poland’s third largest betting company offering an online betting platform which is also available through multiple kiosks located across the country. E-TOTO was established in 2011 and is based in Warsaw.
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Investor Overview 1

Investor
DESCRIPTION

Cornerstone Investment Management is a private equity firm focused on acquiring mid-sized companies in Poland and Eastern Europe. The Firm is a generalist investor and looks to back experienced management teams to grow and transform their businesses. Cornerstone Investment Management was formed in 2001 and is headquartered in Warsaw.


Deal Context for Investor #
Overall 1 of 8
Sector: Gaming 1 of 1
Type: Stake Purchase 1 of 2
Country: Poland 1 of 7
Year: 2014 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 Multimedia Polska

Gdynia, Poland

Multimedia Polska is a nationwide cable operator that offers a digital television with video on demand, broadband and mobile data and fixed-line and mobile voice in Poland. Multimedia Polska is based in Gdynia, Poland.

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