M&A Deal Summary

The Stars Group Acquires Sky Betting & Gaming

On April 21, 2018, The Stars Group acquired internet software and services company Sky Betting & Gaming from CVC Capital Partners for 4.7B USD

Acquisition Highlights
  • This is The Stars Group’s 3rd transaction in the Internet Software and Services sector.
  • This is The Stars Group’s largest (disclosed) transaction.
  • This is The Stars Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-04-21
Target Sky Betting & Gaming
Sector Internet Software and Services
Buyer(s) The Stars Group
Sellers(s) CVC Capital Partners
Deal Type Add-on Acquisition
Deal Value 4.7B USD

Target

Sky Betting & Gaming

Leeds, United Kingdom
Hestview Ltd. is a provider of an online betting and gaming including SkyBet, SkyVegas, Soccer Saturday Super6 and Sky Sports Fantasy Football. Hestview was founded in 2011 and is based in Leeds, United Kingdom.

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Buyer(S) 1

Buyer

The Stars Group

Toronto, Ontario, Canada
Category Company
Founded 2004
Sector Software
Employees1,991
Revenue 2.0B USD (2018)
DESCRIPTION

The Stars Group is a designer, developer, manufactures, distributes, sells, and services technology-based gaming solutions for the regulated gaming industry worldwide. The Stars Group was founded in 2004 and is based in Toronto, Canada.

DEAL STATS #
Overall 7 of 7
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 6 of 6
Country (United Kingdom) 1 of 1
Year (2018) 2 of 2
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-27 BetEasy Pty

Southbank, Australia

BetEasy Pty Ltd. is a provider of online and mobile wagering. BetEasy is based in Southbank, Australia.

Buy $118M

Seller(S) 1

SELLER

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.

DEAL STATS #
Overall 136 of 173
Sector (Internet Software and Services) 2 of 5
Type (Add-on Acquisition) 50 of 63
Country (United Kingdom) 30 of 33
Year (2018) 1 of 8
Size (of disclosed) 3 of 54
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 CFGI

Boston, Massachusetts, United States

CFGI is a unique and highly specialized financial consulting firm that is strategically positioned to help companies through a range of routine and complex business scenarios. CFGI works alongside your internal staff, serving in a variety of roles – from technical accounting advisor to M&A support to Controller or CFO – and delivering seamless support services. CFGI was formed in 2000 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 Avast

Prague, Czech Republic

Avast develops avast! Free Antivirus, a free full-featured computer security application that protects more than 150 million registered users around the world from online threats. The company’s products are distributed globally through a unique ‘freemium’ business model. Avast was formed in1988 and is based in Prague, Czech Republic.

Sell -
Mergr

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