Divestiture • Internet Software and Services

Kindred Group Acquires Stan James Group - Online Gambling Business

On September 30, 2015, Kindred Group acquired internet software and services company Stan James Group - Online Gambling Business from Stan James Group for 19M GBP

Acquisition Context
  • This is Kindred Group’s 2nd transaction in the Internet Software and Services sector.
  • This is Kindred Group’s 5th largest (disclosed) transaction.
  • This is Kindred Group’s 1st transaction in Gibraltar.

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M&A Deal Summary

Date September 30, 2015
Target Stan James Group - Online Gambling Business
Sector Internet Software and Services
Buyer(s) Kindred Group
Sellers(s) Stan James Group
Deal Type Divestiture
Deal Value 19M GBP

Target Company

Stan James Group - Online Gambling Business

Gibraltar
Stan James Group - Online Gambling Business is a provider of online sports betting services.
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Buyer Overview 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 Context for Buyer #
Overall 3 of 6
Sector: Internet Software and Services 2 of 2
Type: Divestiture 1 of 2
Country: Gibraltar 1 of 2
Year: 2015 2 of 2
Size (of disclosed) 5 of 5
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-23 32Red

Gibraltar

32Red is an online casino that gives you all the thrills you could possibly want from gaming online. Most of the customers are based in the UK, and play a wide range of casino games at 32Red.com, including roulette, blackjack, baccarat, craps and poker. Poker is offered via our partnership with the Prima Poker Network, where over 500,000 players compete in ring games and tournaments. 32Red was founded in 2002 and is based in Gibraltar.

Buy £176M

Seller Profile 1

SELLER

Stan James Group

Gibraltar

Category Company
Founded 1973
Sector Internet Software and Services
DESCRIPTION

Stan James Group Plc is a provider of online sports betting services.


Deal Context for Seller #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Divestiture 1 of 1
Country: Gibraltar 1 of 1
Year: 2015 1 of 1
Size (of disclosed) 1 of 1