M&A Deal Summary

Crossing Broad, Bet New Jersey and PA Sportsbooks Acquire Elite Sports NY

On February 27, 2020, Crossing Broad, Bet New Jersey and PA Sportsbooks acquired digital media company Elite Sports NY

Acquisition Highlights
  • This is Crossing Broad’s 1st, Bet New Jersey’s 1st and PA Sportsbooks’ 1st transaction in the Digital Media sector.
  • This is Crossing Broad’s 1st, Bet New Jersey’s 1st and PA Sportsbooks’ 1st transaction in the United States.
  • This is Crossing Broad’s 1st, Bet New Jersey’s 1st and PA Sportsbooks’ 1st transaction in New York.

M&A Deal Summary

Date 2020-02-27
Target Elite Sports NY
Sector Digital Media
Buyer(s) Crossing Broad
Bet New Jersey
PA Sportsbooks
Deal Type Add-on Acquisition

Target

Elite Sports NY

New York, New York, United States
Elite Sports NY is a digital sports media publication delivering news, views, interviews, real-time coverage, and unique commentary on everything New York Sports and National/Trending Topics. Elite Sports NY was founded in 2015 and is based in New York.

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Buyer(S) 3

Buyer

Crossing Broad

Dublin, Pennsylvania, United States

Category Company
Founded 2009
Sector Digital Media
DESCRIPTION

Crossing Broad is an independent sports website and has an audience of over 250,000 local sports fans. Founded in 2009, the site has broken countless local and national sports stories, and has covered all sides of the fantasy, DFS and sports betting industries. Crossing Broad produces extensive video podcast content covering Philly sports and betting. The site’s credentialed writers cover the Eagles, Phillies, Sixers, Flyers, and Union.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
Buyer

Bet New Jersey

New Jersey, United States

Category Company
Founded 2018
Sector Digital Media
DESCRIPTION

Bet New Jersey provides all the latest sports gaming news via online sportsbooks and iPhone betting in New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
Buyer

PA Sportsbooks

Pennsylvania, United States

Category Company
Sector Digital Media
DESCRIPTION

PA Sportsbooks is a provider of news, online sportsbooks, and mobile sports betting apps updates.


DEAL STATS #
Overall 1 of 1
Sector: Digital Media M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1