M&A Deal Summary

Playtech Acquires Trade FX

On April 2, 2015, Playtech acquired internet software and services company Trade FX for 224M USD

Acquisition Highlights
  • This is Playtech’s 1st transaction in the Internet Software and Services sector.
  • This is Playtech’s largest (disclosed) transaction.
  • This is Playtech’s 4th transaction in the United Kingdom.

M&A Deal Summary
Date 2015-04-02
Target Trade FX
Sector Internet Software and Services
Buyer(s) Playtech
Deal Type Add-on Acquisition
Deal Value 224M USD

Target

Trade FX

Slough, United Kingdom
Trade FX Ltd. is an international payments and money transfers. tradefx utilizes SWIFT (Society for World-wide Interbank Financial Telecommunications) the universal platform for wiring of domestic and international money transfers on the spot.

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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 7 of 15
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 6 of 14
Country (United Kingdom) 4 of 6
Year (2015) 2 of 3
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-16 YoYo Games

Richmond, United Kingdom

YoYo Games Ltd. is a cross-platform games development technology. YoYo Games is a manufacture of GameMaker Studio game development software. YoYo Games was founded in 2007 and is based in Richmond, United Kingdom.

Buy $16M
FOLLOWING 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 -
Mergr

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