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  5. Kindred Group Acquires Betchoice Pty

M&A Deal Summary

Kindred Group Acquires Betchoice Pty

On February 1, 2012, Kindred Group acquired restaurant Betchoice Pty

Acquisition Highlights
  • This is Kindred Group’s 1st transaction in the Restaurants sector.
  • This is Kindred Group’s 1st transaction in Australia.

M&A Deal Summary
Date 2012-02-01
Target Betchoice Pty
Sector Restaurants
Buyer(s) Kindred Group
Deal Type Add-on Acquisition
Advisor(s) McQueen (Financial)

Target

Betchoice Pty

Baulkham Hills, Australia
Betchoice Corporation Pty Ltd. operates an online gambling portal for racing, sports, and novelty bets in Australia.

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Buyer(S) 1

Buyer

Kindred Group

Sliema , Malta
Category Company
Founded 1997
Sector Gaming
Employees2,323
Revenue 1.2B GBP (2023)
DESCRIPTION

Kindred Group is an online gambling company, that offers products such as online casinos, online poker, online bingo, sports betting, soft games, scratch cards, and live betting. Kindred Group was founded in 1997 and is based in Sliema, Malta.

DEAL STATS #
Overall 1 of 6
Sector (Restaurants) 1 of 1
Type (Add-on Acquisition) 1 of 4
Country (Australia) 1 of 1
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-16 iGame Holding

St. Julian’s, Malta

iGame Holding plc is a specialist gambling operator with focus in the nordics and central europe offering online casino, poker and sports betting through seven local brands.

Buy €59M
Mergr

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