M&A Deal Summary

Rank Group Acquires Stride Gaming

On October 4, 2019, Rank Group acquired digital media company Stride Gaming for 115M GBP

Acquisition Highlights
  • This is Rank Group’s 1st transaction in the Digital Media sector.
  • This is Rank Group’s 0th largest (disclosed) transaction.
  • This is Rank Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2019-10-04
Target Stride Gaming
Sector Digital Media
Buyer(s) Rank Group
Deal Type Merger
Deal Value 115M GBP
Advisor(s) Investec (Financial)

Target

Stride Gaming

London, United Kingdom
Stride Gaming is an online gaming operator in both the Bingo-led and social gaming market, using its proprietary and purchased software to provide online bingo and related gaming and social activities to players. Stride Gaming only operates in regulated markets. The Group operates a multi-branded strategy which includes the online bingo brands Kitty Bingo, Lucky Pants Bingo, Bingo Extra, Jackpot Café, Jackpot Liner, King Jackpot, together with online casino and slots brands Spin, Magical Vegas, Big Top Casino and Slots Bonanza. Stride Gaming was founded in 2012 and is based in London, the United Kingdom.

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Buyer(S) 1

Buyer

Rank Group

Maidenhead, United Kingdom
Category Company
Founded 1937
Sector Gaming
Employees7,300
Revenue 682M GBP (2023)
DESCRIPTION

Rank Group is a provider of gaming and betting services in the United Kingdom, Spain, Belgium, and Malta. Rank Group was founded in 1937 and is based in Maidenhead, England.

DEAL STATS #
Overall 2 of 2
Sector (Digital Media) 1 of 1
Type (Merger) 1 of 1
Country (United Kingdom) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-01 Universal Orlando

Orlando, Florida, United States

Universal Orlando is comprised of Universal Studios Florida, a theme park focused primarily on 'stationary' entertainment; Islands of Adventure, a ?thrill ride? oriented park based on 5 distinct island themes; and CityWalk, a night life entertainment and restaurant complex.

Sell $275M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-29 Casino Blankenberge

Blankenberge, Belgium

Casino Blankenberge is an operator of a casino, which is one of the nine land-based casinos. In addition to the cozy games room, the building also offers space for three rooms for theater performances, exhibitions, and expos. Casino Blankenberge is based in Blankenberge, Belgium.

Sell £25M
Mergr

Product

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