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New Deal


Announced

Blackstone-backed Superbet to acquire Napoleon Sports & Casino from Waterland.

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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Private Equity

Casinos & Gaming

Acquisition

Private

Friendly

Single Bidder

Majority

Pending

Cross Border

Casinos and Gambling

Belgium

Synopsis

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Blackstone-backed Superbet, a pan European betting and gaming business, agreed to acquire Napoleon Sports & Casino, a developer of gambling and casino gaming platform, from Waterland, a private equity firm. Financial terms were not disclosed. "Napoleon's core market and brand positioning in Belgium represents the ideal acquisition opportunity to deliver on our global expansion plan. It also delivers on our growth strategy of bringing in additional revenues from regulated markets with a strong online profile. Additionally, we're looking forward to welcoming a hugely experienced and talented team to the Superbet family, who we believe are exceptionally well placed to deliver on market share gains in Belgium and beyond," Johnny Hartnett, Superbet CEO.

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