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M&A Deal Summary

The Stars Group Acquires Ongame Network

On October 1, 2012, The Stars Group acquired software company Ongame Network

Acquisition Highlights
  • This is The Stars Group’s 2nd transaction in the Software sector.
  • This is The Stars Group’s 1st transaction in Gibraltar.

M&A Deal Summary
Date 2012-10-01
Target Ongame Network
Sector Software
Buyer(s) The Stars Group
Deal Type Divestiture

Target

Ongame Network

Europort, Gibraltar
Ongame Network Ltd. provides online poker software solutions.

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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 4 of 7
Sector: Software M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: Gibraltar M&A 1 of 1
Year: 2012 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-25 Cadillac Jack

Duluth, Georgia, United States

Cadillac Jack, Inc. is a designer and supplier of electronic games and systems for the regulated global gaming industry with more than 13,000 units installed in hundreds of casinos across the United States and Mexico.

Buy $167M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-17 Diamond Game Enterprises

Chatsworth, California, United States

Diamond Game Enterprises, Inc. is a manufacturer and service provider of games.

Buy $25M
Mergr

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