M&A Deal Summary |
|
|---|---|
| Date | 2015-09-22 |
| Target | Playnation |
| Sector | Leisure |
| Buyer(s) | Novomatic AG |
| Sellers(s) | Palatine Private Equity |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Clearwater International (Financial) |
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NOVOMATIC Group of Companies - comprising NOVOMATIC AG based in Austria and Swiss sister companies ACE Casino Holding AG and Gryphon Invest – is one of the largest integrated gaming groups in the world, employing more than 20.000 staff (more than 3,000 in Austria). Founded by entrepreneur Prof. Johann F. Graf in 1980, the group is today one of the leading technology groups in Austria – it has locations in 45 countries, producing slot machines, electronic multiplayers and advanced systems and networking technologies and exporting to 80 countries. Thus NOVOMATIC is the leading European producer of high-tech gaming equipment. The group also comprises Admiral Sportwetten GmbH, Austria's leading sports betting operator with more than 205 outlets, as well as Greentube Internet Entertainment Solutions GmbH, a market leader in online gaming based in Vienna, Austria. Further affiliates are the UK based ASTRA Gaming Group as well as the Icelandic lotteries solutions provider Betware.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Leisure M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 2 of 3 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2015 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-06-14 |
i-new
Vienna, Austria i-new is a technology solution provider in the mobile communication industry that specializes in the domain beyond the mobile universe to include Virtual Mobile Networks. i-new is based in Vienna, Austria. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-04 |
Casino Royal
Pfullendorf, Germany Casino Royal is an operator of gaming casinos. Casino Royal was founded in 2007 and is based in Pfullendorf, Germany. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 570M GBP |
| Size | Middle-Market |
| Type | Sector Agnostic |
Palatine Private Equity is a UK based private equity firm focused on investing in businesses valued up to £50 million. The Firm generally looks to fund profitable, cash-generative companies with strong management teams and established market positions, however, Palatine will also consider turnaround situations. Target sectors include retail/leisure, business outsourcing, financial services, healthcare, and niche manufacturing. Prospective transaction types include management buyouts/buy-ins, consolidations, growth capital financings, and restructurings. Palatine was originally formed as Zeus Private Equity in 2005. The Firm has offices in Bristol, Manchester, and London.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 26 |
| Sector: Leisure M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 2 of 9 |
| Country: United Kingdom M&A | 5 of 26 |
| Year: 2015 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-08-12 |
Wealth at Work
Liverpool, United Kingdom Wealth at Work provides services that allow employees to maximize the value of their benefits by providing financial education tailored to the needs of individual employers and of different employee groups within these companies. Wealth at Work was formed in 2004 and is based in Liverpool, United Kingdom. |
Sell | $50M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-09-25 |
Electranet UK
Ringwood, United Kingdom Electranet (UK) Limited is a specialist networking services supplier . The company specialises in providing outsourced installation and maintenance services. Its primary focus is on IT hardware, network and cabling for public sector organisations in the UK, Northern Europe and North America, including the Ministry of Defence, HM Prison Service and the NHS. |
Sell | £37M |
