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Announced

Completed

IGT completed the acquisition of iSoftBet for €160m.

Financials

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Transaction Value£133m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

United Kingdom

Private

Domestic

Friendly

gaming

Gaming

Completed

Majority

Synopsis

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International Game Technology, an end-to-end gaming company, completed the acquisition of iSoftBet, an igaming content provider and third-party game aggregator, for €160m. "The acquisition of iSoftBet will provide market-tested proprietary digital content, advanced game aggregation capabilities, scalable promotional tools, analytics and strong creative talent to IGT's PlayDigital operations. This will enhance PlayDigital's competitive capabilities with a proven, complementary content portfolio across Europe and North America as we provide best-in-class games and technology to our fast-growing igaming customers," Vince Sadusky, IGT CEO.

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