Divestiture • Leisure

Light & Wonder and Aristocrat Acquire EssNet Businesses

On January 20, 2007, Light & Wonder and Aristocrat acquired leisure company EssNet Businesses from Tensse AB for 460M SEK

Acquisition Context
  • This is Light & Wonder’s 1st and Aristocrat’s 1st transaction in the Leisure sector.
  • This is Light & Wonder’s 4th and Aristocrat’s 2nd largest (disclosed) transaction.
  • This is Light & Wonder’s 1st and Aristocrat’s 1st transaction in Sweden.

Explore All 120 Divestiture Leisure Deals - Search the Database Free


M&A Deal Summary

Date January 20, 2007
Target EssNet Businesses
Sector Leisure
Buyer(s) Light & Wonder
Aristocrat
Sellers(s) Tensse AB
Deal Type Divestiture
Deal Value 460M SEK

Target Company

EssNet Businesses

Stockholm, Sweden
EssNet, the world leader in server-based gaming, a pioneer in gaming via internet, mobile and interactive TV channels, and a major provider of turnkey online lottery systems worldwide.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyers Overview 2

Buyer

Light & Wonder

Las Vegas, Nevada, United States

Category Company
Founded 1984
Sector Gaming
Employees6,800
Revenue 3.2B USD (2024)
DESCRIPTION

Light & Wonder is a developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company's portfolio includes instant and draw-based lottery games; electronic gaming machines and game content; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and social, mobile and interactive content and services. Light & Wonder was established in 1984 and is based in Las Vegas, Nevada.


Deal Context for Buyer #
Overall 2 of 25
Sector: Leisure 1 of 1
Type: Divestiture 1 of 3
Country: Sweden 1 of 2
Year: 2007 1 of 1
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-20 The Global Draw

Feltham, United Kingdom

The Global Draw Ltd. is a provider of gaming solutions for the licensed betting office, arcade and bingo sectors in the UK as well as a content provider for the interactive gaming sector.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-05 GameLogic

Waltham, Massachusetts, United States

GameLogic, Inc. is a developer of web-based loyalty programs for the casino industry before recently expanding its offerings to serve the needs of lotteries.

Buy -
Buyer

Aristocrat

North Ryde, Australia

Category Company
Founded 1984
Sector Internet Software and Services
Employees7,400
Revenue 6.3B AUD (2025)
DESCRIPTION

Aristocrat is a supplier of server-based-gaming and online client server solutions for interactive video terminals in both Norway and Italy. Aristocrat was founded in 1984 and is based in North Ryde, New South Wales.


Deal Context for Buyer #
Overall 1 of 6
Sector: Leisure 1 of 1
Type: Divestiture 1 of 1
Country: Sweden 1 of 1
Year: 2007 1 of 1
Size (of disclosed) 2 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-29 Product Madness

San Francisco, California, United States

Product Madness, Inc. is a publisher of social applications and social games. It focuses on the social gambling type games having successfully published 10 titles in this domain.

Buy -

Seller Profile 1

SELLER

Tensse AB

Stockholm, Sweden

Category Company
Founded 1936
Sector Leisure
DESCRIPTION

Tensse AB provides lottery products for the gaming industry.


Deal Context for Seller #
Overall 1 of 1
Sector: Leisure 1 of 1
Type: Divestiture 1 of 1
Country: Sweden 1 of 1
Year: 2007 1 of 1

Explore Related M&A Activity