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New Deal


Announced

Completed

Flutter completed the acquisition of Sisal Group from CVC Capital Partners for $2.2bn.

Financials

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Transaction Value£1,620m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.7x
EV/EBITDA7.67x
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Cross Border

online game operator

Completed

Friendly

Acquisition

Private

Majority

online gaming

Italy

Private Equity

Casinos and Gambling

Synopsis

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Flutter, a bookmaking business, completed the acquisition of Sisal Group, an online gaming operator, from CVC Capital Partners, a private equity firm, for $2.2bn. "Over the last five years, thanks to CVC’s support, we have successfully transformed Sisal into a leading digital and international gaming company. We are delighted to join Flutter and are convinced that through its scale and operational capabilities, we will be able to further strengthen our leadership in the markets we operate in. I look forward to working with Peter and the team on the next chapter of Sisal history," Francesco Durante, Sisal CEO.

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