M&A Deal Summary

Sportech Acquires Data Tote

On September 27, 2013, Sportech acquired leisure company Data Tote for 3M GBP

Acquisition Highlights
  • This is Sportech’s 2nd transaction in the Leisure sector.
  • This is Sportech’s 3rd largest (disclosed) transaction.
  • This is Sportech’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2013-09-27
Target Data Tote
Sector Leisure
Buyer(s) Sportech
Deal Type Add-on Acquisition
Deal Value 3M GBP

Target

Data Tote

Bristol, United Kingdom
Data Tote Ltd. is an operator and technology and services provider focused on the European greyhound and horseracing betting market. Company brings a complementary product suite supplying its tote systems and services to 23 of the UK's 25 greyhound tracks and all 18 tracks in Ireland. Beyond its main market in the UK and Ireland, Data Tote's tote betting systems operate in greyhound, trotting and horse racing tracks in Sweden, Germany and Malta. Data Tote also provides the betting systems and technology at the racecourse for the unique ChesterBet, BangorBet and RiponBet betting services and has recently entered a relationship with Coral, supplying a range of sports pools software and services.

Search 205,859 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Sportech

Edinburgh, United Kingdom

Category Company
Founded 1979
Sector Leisure
Employees162
Revenue 26M GBP (2022)
DESCRIPTION

Sportech is a sports entertainment company and one of the pool betting organizations, focusing on highly regulated markets worldwide. Sportech was founded in 1979 and is based in Edinburgh, the United Kingdom.


DEAL STATS #
Overall 4 of 4
Sector (Leisure) 2 of 2
Type (Add-on Acquisition) 4 of 4
Country (United Kingdom) 3 of 3
Year (2013) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-20 eBet Online

California, United States

eBet Online, Inc. is a US business to business online betting operator and technology and services provider focused on the North American horseracing betting market.

Buy $13M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-17 Football Pools

Liverpool, United Kingdom

Football Pools is a UK-based operator of offline and online gaming, themed around predicting football match outcomes. The Company has a long heritage dating back to 1923 when the first coupons were distributed to fans outside Manchester United's Old Trafford ground. The current business was formed by the combination of Littlewoods Football Pools, Zetters Pools and Vernons Pools, re-branded under "The Football Pools" banner in 2008. The Company is headquartered in Liverpool.

Sell £83M