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New Deal


Announced

Completed

Light & Wonder completed the acquisition of House Advantage.

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

Acquisition

Majority

Software

United States

Single Bidder

marketing software

Domestic

software services

Completed

Friendly

Synopsis

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Light & Wonder, a cross-platform games and entertainment, completed the acquisition of House Advantage, a loyalty and marketing software and technology provider. Financial terms were not disclosed. “By joining Light & Wonder, we will be able to expand the reach of our solutions and gain resources to accelerate the development of cutting-edge technology to help customers optimize player management. Convergence of disparate platforms and unification of data across these platforms into a contiguous customer experience is our hallmark, and we’re excited that Light & Wonder shares our player-centric mindset and our vision for creating a converged, cross-platform future," Jon Wolfe, House Advantage Founder and CEO.

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