M&A Deal Summary

FansUnite Media Acquires Askott Entertainment

On June 23, 2020, FansUnite Media acquired information technology company Askott Entertainment

Acquisition Highlights
  • This is FansUnite Media’s 1st transaction in the Information Technology sector.
  • This is FansUnite Media’s 1st transaction in Canada.
  • This is FansUnite Media’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2020-06-23
Target Askott Entertainment
Sector Information Technology
Buyer(s) FansUnite Media
Deal Type Add-on Acquisition
Advisor(s) Haywood (Financial)
Gowling WLG (Legal)

Target

Askott Entertainment

Vancouver, British Columbia, Canada
Askott Entertainment is a software development company with a team that has been building award-winning online gambling software. Askott has produced a one of a kind complete iGaming platform, ChameleonGaming Platform, with an esports first focus geared for the next generation of online bettors and casino players. The platform includes products for prematch betting, in-play betting, daily fantasy, content, and a certified RNG to produce casino-style chance games. Askott has been using the Chameleon platform for its own free-to-play internal brands as well as recently signed external real-money partners. Askott Entertainment was formed in 2013 and is based in Vancouver, British Columbia

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Buyer(S) 1

Buyer

FansUnite Media

Vancouver, British Columbia, Canada
Category Company
Sector Leisure
DESCRIPTION

FansUnite is a social sports betting community started by three sports fans who wanted to take sports back to the people that fuel the industry, the FANS!. FansUnite caters to every type of fan, from the amateur who casually enjoys sports, to that friend who routinely washes their face paint off with their own tears after a big loss.

DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-20 McBookie

Dundee, United Kingdom

Formed in 2009, McBookie is a provider of regulated betting services in the United Kingdom. It has been operating in the UK market since 2009 and provides its customers with sports betting, casino, and virtual sports offerings.

Buy CA$2M
Mergr

Product

Company

Legal