M&A Deal Summary

Silverspin Media Acquires Gaming Realms - Lucky Charm Bingo Website

On February 16, 2016, Silverspin Media acquired digital media company Gaming Realms - Lucky Charm Bingo Website from Gaming Realms for 1M GBP

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

M&A Deal Summary

Date 2016-02-16
Target Gaming Realms - Lucky Charm Bingo Website
Sector Digital Media
Buyer(s) Silverspin Media
Sellers(s) Gaming Realms
Deal Type Divestiture
Deal Value 1M GBP

Target

Gaming Realms - Lucky Charm Bingo Website

United Kingdom
Gaming Realms - Lucky Charm Bingo Website engages in Grizzly which includes Slingo games used for innovative mobile content for real money and social gaming.

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Buyer(S) 1

Buyer

Silverspin Media

United Kingdom

Category Company
Sector Digital Media
DESCRIPTION

Silverspin Media Ltd. engages in the development and publishes gaming content in United Kingdom. The company provides various Slingo, bingo, slots, and other casual games; real-money mobile gambling games through Grizzly gaming platform.


DEAL STATS #
Overall 1 of 1
Sector (Digital Media) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Gaming Realms

London, United Kingdom

Category Company
Founded 2001
Sector Digital Media
Employees78
Revenue 23.4B GBP (2023)
DESCRIPTION

Gaming Realms is a developer, publisher and licenses next-generation mobile gaming content. Gaming Realms was founded in 2001 and is based in London, the United Kingdom.


DEAL STATS #
Overall 3 of 4
Sector (Digital Media) 3 of 3
Type (Divestiture) 3 of 4
Country (United Kingdom) 3 of 4
Year (2016) 2 of 3
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-16 Gaming Realms - Iceland Bingo Website

United Kingdom

Gaming Realms - Iceland Bingo Website engages in creating and publishing innovative mobile content for real money and social gaming.

Sell £1M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-07 Quick Think Media

London, United Kingdom

Quick Think Media Ltd. is a paid social and display advertising solutions to capitalise on audience reach, through Facebook and Twitter.

Sell -