M&A Deal Summary

Stride Gaming Acquires Tarco

On July 29, 2016, Stride Gaming acquired digital media company Tarco for 38M GBP

Acquisition Highlights
  • This is Stride Gaming’s 4th transaction in the Digital Media sector.
  • This is Stride Gaming’s 0th largest (disclosed) transaction.
  • This is Stride Gaming’s 1st transaction in Belize.

M&A Deal Summary
Date 2016-07-29
Target Tarco
Sector Digital Media
Buyer(s) Stride Gaming
Deal Type Add-on Acquisition
Deal Value 38M GBP

Target

Tarco

Belize City, Belize
Tarco Ltd. is an online bingo operator with a 3% market share of the UK online bingo market and has over 63,000 active players. It has 22 B2C bingo brands and four B2B brands, including Moon Bingo and Robin Hood Bingo.

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Buyer(S) 1

Buyer

Stride Gaming

London, United Kingdom
Category Company
Founded 2012
Sector Digital Media
Employees190
Revenue 85M GBP (2018)
DESCRIPTION

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.

DEAL STATS #
Overall 4 of 5
Sector (Digital Media) 4 of 5
Type (Add-on Acquisition) 4 of 4
Country (Belize) 1 of 1
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-29 Netboost Media

Ramat Gan, Israel

Netboost Media (NBM) is an online marketing company located in the bustling Diamond Exchange complex. Since its establishment in 2006, the company has been supporting the construction and execution of global marketing campaigns to a wide range of overseas customers. NBM currently has some 60 employees. Operating within the outer boundaries of online marketing and applying imaginative tools and techniques in the fields of PPC, SEO, Web Design, Coding, CRM, Site Management and more, Netboost Media succeeds in maintaining a considerable fore over most natural competitors.

Buy £2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-21 Passion Gaming Pvt.

Haryana, India

Passion Gaming Pvt. Ltd. is an innovative online gaming company providing the finest digital card games like online rummy to players in India. Passion Gaming was launched in 2015 by seasoned gaming entrepreneur with a focus on the real money Indian Rummy market.

Buy -
Mergr

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