M&A Deal Summary

Playtech Acquires Eyecon

On February 7, 2017, Playtech acquired digital media company Eyecon for 50M GBP

Acquisition Highlights
  • This is Playtech’s 4th transaction in the Digital Media sector.
  • This is Playtech’s 3rd largest (disclosed) transaction.
  • This is Playtech’s 2nd transaction in Channel Islands.

M&A Deal Summary
Date 2017-02-07
Target Eyecon
Sector Digital Media
Buyer(s) Playtech
Deal Type Add-on Acquisition
Deal Value 50M GBP

Target

Eyecon

Guernsey, Channel Islands
Eyecon Ltd. is a specialist supplier of online gaming slots software to an international customer base. Eyecon currently derives almost all its revenue from the UK market and in line with Playtech's acquisition strategy, almost all of Eyecon's revenues are fully regulated. The addition of Eyecon's content portfolio strengthens Playtech's position as the leading content provider in this key market. In addition, Eyecon's proprietary RGS and distribution network will strengthen the penetration of Playtech's Virtue Fusion offering.

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Buyer(S) 1

Buyer

Playtech

Douglas, United Kingdom
Category Company
Founded 1999
Sector Digital Media
Employees7,900
Revenue 1.7B GBP (2023)
DESCRIPTION

Playtech is a developer of unified software platforms and content for the online and land-based gaming industry, together with providing a range of ancillary services such as marketing, CRM services and hosting. The Group’s capabilities enable the delivery of an integrated software or turnkey solution, with players accessing online, broadcast, mobile and server-based gaming terminals through a single account. Playtech was founded in 1999 and is based in Douglas, Isle of Man.

DEAL STATS #
Overall 14 of 15
Sector (Digital Media) 4 of 4
Type (Add-on Acquisition) 13 of 14
Country (Channel Islands) 2 of 2
Year (2017) 1 of 1
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-14 Consolidated Financial Holdings A/S

Copenhagen, Denmark

Consolidated Financial Holdings A/S is a technology company with products including a leading Straight Through Processing ("STP") brokerage which provides retail brokers with multi-asset execution, prime brokerage services, liquidity and complementary risk management tools. CFH has proven technological capabilities and generates revenue primarily from trading volume processed through its brokerage platform, either as clearing fees or technology services. It currently has over 400 customers and partners worldwide in more than 80 countries, which service thousands of retail customers worldwide, and is considered one of the largest and most reputable B2B providers for technology and clearing in the industry.

Buy $43M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-12 Snaitech

Milan, Italy

Snaitech SpA is an Italian gaming company involved in the horse and sports betting segment. The company's other operations include amusement with prizes (AWPs), video lottery and online skill games. Snaitech was formed in 1990 and is based in Milan, Italy.

Buy -
Mergr

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