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New Deal


Announced

Completed

Apollo Global Management completed the acquisition of a 48.67% stake in the Gamenet group.

Financials

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Transaction Value£157m
Consideration TypeCash
Capital Owned-
Capital Bid For49%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Public

Single Bidder

Italy

sports betting

gambling

Casinos and Gambling

Minority

Acquisition

Friendly

Private Equity

Completed

Synopsis

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Private equity firm Apollo Global Management completed the acquisition of a 48.67% stake in Gamenet, an Italian gaming company for €182.5m ($203.2m). Apollo is set to buy through Gamma Bidco a 28.67% stake from TCP Lux Eurinvest and a 20% stake from Intralot Italian Investments.

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