M&A Deal Summary

Playtech Acquires Quickspin AB

On May 24, 2016, Playtech acquired gaming company Quickspin AB for 50M EUR

Acquisition Highlights
  • This is Playtech’s 1st transaction in the Gaming sector.
  • This is Playtech’s 3rd largest (disclosed) transaction.
  • This is Playtech’s 3rd transaction in Sweden.

M&A Deal Summary

Date 2016-05-24
Target Quickspin AB
Sector Gaming
Buyer(s) Playtech
Deal Type Add-on Acquisition
Deal Value 50M EUR

Target

Quickspin AB

Stockholm, Sweden
Quickspin AB is a game studio that develops and supplies high-quality video slots to operators, both in online real money gambling as well as in the social gaming market.

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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 9 of 15
Sector (Gaming) 1 of 2
Type (Add-on Acquisition) 8 of 14
Country (Sweden) 3 of 3
Year (2016) 1 of 5
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-11 VisualDNA

London, United Kingdom

VisualDNA is a data science and data management platform that helps advertisers better target their ads. It collects data from personality quizzes and other online products and then applies analysis to help advertisers understand their audiences from a psychological viewpoint.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-31 Funtactix

New York, New York, United States

Funtactix, Inc. is a social and mobile game studio that specializes in developing mobile and social networking games.

Buy -