M&A Deal Summary

Ladbrokes Coral Acquires Sponsio

On January 22, 2007, Ladbrokes Coral acquired internet software and services company Sponsio for 36M GBP

Acquisition Highlights
  • This is Ladbrokes Coral’s 1st transaction in the Internet Software and Services sector.
  • This is Ladbrokes Coral’s 0th largest (disclosed) transaction.
  • This is Ladbrokes Coral’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2007-01-22
Target Sponsio
Sector Internet Software and Services
Buyer(s) Ladbrokes Coral
Deal Type Add-on Acquisition
Deal Value 36M GBP

Target

Sponsio

United Kingdom
Sponsio Ltd. is a provider of online betting and gaming services. Company has operations in Sweden, Norway, Denmark and Finland. Sponsio Ltd. is based in the United Kingdom.

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Buyer(S) 1

Buyer

Ladbrokes Coral

London, United Kingdom

Category Company
Founded 1886
Sector Gaming
Employees14,340
Revenue 1.2B GBP (2015)
DESCRIPTION

Ladbrokes Coral plc is a multi-channel bookmaking and gaming company with an international reach, combining 230 years of heritage and looking forward to an exciting future. Ladbrokes Coral was formed in 1886 and is based in London.


DEAL STATS #
Overall 1 of 7
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 3
Country (United Kingdom) 1 of 2
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-12 Ladbrokes - Italian Retail Business

Italy

Ladbrokes - Italian Retail Business comprises retail betting and gambling business. It includes 82 shops and 51 corners and an office location. Italian Retail Business is located in Italy.

Sell €5M