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M&A Deal Summary

GTECH UK Interactive Acquires Probability

On May 2, 2014, GTECH UK Interactive acquired software company Probability

Acquisition Highlights
  • This is GTECH UK Interactive’s 1st transaction in the Software sector.
  • This is GTECH UK Interactive’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2014-05-02
Target Probability
Sector Software
Buyer(s) GTECH UK Interactive
Deal Type Add-on Acquisition
Advisor(s) Global Leisure Partners (Financial)

Target

Probability

London, United Kingdom
Probability’s is a mobile technology and content powers its own B2C mobile gaming brands including Lady Lucks, which has over 1.5 million registered players, and is supplied to blue chip clients including Paddy Power, William Hill and 888.

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Buyer(S) 1

Buyer

GTECH UK Interactive

London, United Kingdom
Category Company
Sector Leisure
DESCRIPTION

GTECH, the premier full service provider to the iGaming and sports betting industry. With award winning products and industry leading operational services, GTECH is the partner you can trust to deliver you the very best in iGaming and sports betting.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2014 M&A 1 of 1
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