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Announced

Completed

Trive Capital completed the acquisition of Seven Aces for $222m.

Financials

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Transaction Value£172m
Consideration TypeCash
Capital Owned-
Capital Bid For91%
EV/Sales3x
EV/EBITDA12x
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Casinos and Gambling

Friendly

Casinos & Gaming

Public

Cross Border

gaming

Canada

Completed

games operator

Majority

Privatisation

Single Bidder

Synopsis

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Trive Capital, a venture capital firm, completed the acquisition of Seven Aces, a gaming company for $222m. "We are excited to have closed this transaction and look forward to collaborating with the Seven Aces and Lucky Bucks management teams whom we have a longstanding history of successfully partnering with. We firmly believe Lucky Bucks is the best-in-class operator in a compelling market and are eager to support management’s operational and growth initiatives going forward," Conner Searcy, Trive Managing Partner.

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