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Announced

Completed

CVC Capital completed the investment in Ardent-backed Gaming1.

Financials

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Transaction Value-
Consideration TypeCash
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Tags

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Completed

Private

technology company

Data Centers and Hosting

Belgium

Acquisition

Cross Border

Private Equity

Friendly

Minority

Single Bidder

Synopsis

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CVC Capital completed the investment in Ardent-backed Gaming1, an entertainment company. Financial terms were not disclosed. "In a rapidly changing world, the key to success is adapting. By partnering with CVC, we will benefit from their global, sector and technology expertise, which will support our company to continue on our successful growth path and further build our digital capabilities. We will stay loyal to our values and Belgian roots, as shown by our recent move to our digital hub in the heart of Liège. This desire to anchor ourselves in and to contribute to our country's growth is an integral part of our identity and will continue to guide us daily," Emmanuel Mewissen, Ardent CEO and Founder.

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