Announced
Completed
Financials
Tags
Single Bidder
Cross Border
online game operator
Completed
Friendly
Acquisition
Private
Majority
online gaming
Italy
Private Equity
Casinos and Gambling
Synopsis
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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