M&A Deal Summary

Gaming Innovation Group Acquires Sportnco

On December 22, 2021, Gaming Innovation Group acquired internet software and services company Sportnco for 51M EUR

Acquisition Highlights
  • This is Gaming Innovation Group’s 1st transaction in the Internet Software and Services sector.
  • This is Gaming Innovation Group’s largest (disclosed) transaction.
  • This is Gaming Innovation Group’s 2nd transaction in France.

M&A Deal Summary

Date 2021-12-22
Target Sportnco
Sector Internet Software and Services
Buyer(s) Gaming Innovation Group
Deal Type Add-on Acquisition
Deal Value 51M EUR

Target

Sportnco

Labege, France
Sportnco is a sports betting and gaming solutions provider in the online gambling industry. Sportnco was founded in 2008 and is based in Labege, France.

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Buyer(S) 1

Buyer

Gaming Innovation Group

St. Julian's, Malta

Category Company
Founded 2012
Sector Gaming
Employees608
Revenue 83M EUR (2021)
DESCRIPTION

Gaming Innovation Group is an iGaming technology company, providing solutions, products and services to iGaming Operators. Gaming Innovation Group was founded in 2012 and is based in St. Julian's, Malta.


DEAL STATS #
Overall 2 of 6
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 2 of 4
Country (France) 2 of 2
Year (2021) 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-22 Sportnco Gaming

Labege, France

Sportnco Gaming is an independent sports betting and iGaming business with international presence in Europe, South America and the US through a combination of tier 1 clients and strong local players. Sportnco Gaming is based in Labege, France.

Buy €51M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 Catena Media - AskGamblers

Gzira, Malta

Catena Media's AskGamblers consists of business and associated global casino brands based in Gzira, Malta.

Buy €45M