.
MergerLinks Header Logo

Announced

CVC-backed Bruin Capital to acquire Oddschecker Global Media from Flutter for £155m.

Financials

Edit Data
Transaction Value£155m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private Equity

Friendly

Casinos and Gambling

Private

Acquisition

sports betting

Majority

Single Bidder

Cross Border

United Kingdom

Pending

Synopsis

Edit

CVC-backed Bruin Capital, an investment and operating company, agreed to acquire Oddschecker Global Media, a sports betting and gaming affiliate business, from Flutter, an Irish bookmaking holding company, for £155m ($216m). "Looking forward, we have exciting opportunities both in the UK and internationally, especially in the US, where the liberalisation of online gambling legislation has created a highly-attractive market for our business," Toby Bentall, Oddschecker Global Media CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US