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New Deal


Announced

Completed

Bally's completed the acquisition of Association of Volleyball Professionals.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Recreational Services

Friendly

Majority

Private

Single Bidder

beach volleyball

United States

Acquisition

Completed

Domestic

Synopsis

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Bally's, a gaming and betting company, completed the acquisition of Association of Volleyball Professionals, a premier professional beach volleyball organization. Financial terms were not disclosed. "Forming a new relationship with a trusted, forward-thinking partner like Bally's offers the opportunity to develop a strategic roadmap that will grow the sport, expand its footprint and provide new resources to better elevate the game and its athletes. I look forward to being an integral part of the transition, focusing on the best interests of all AVP athletes, fans, staff and partners," Donald Sun, AVP Former Owner and CEO.

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