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New Deal


Announced

Completed

JP Morgan completed the investment in Sightline Payments.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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Tags

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Domestic

Single Bidder

Completed

Friendly

United States

FinTech

financial technology

Minority

Private

Acquisition

Synopsis

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JP Morgan, a financial holding company, completed the investment in Sightline Payments, a fintech specializing in payments technology for the regulated gaming industry. Financial terms were not disclosed. “A gaming patron’s money should be safe, secure, and should follow that patron effortlessly through their digital and brick & mortar lifecycle. We are confident that a strategic relationship with JP Morgan Payments will allow us to deliver a unique mobile user experience for those gaming industry patrons and power the digital transformation for gaming operators,” Sightline, Omer Sattar Co-Founder and Co-CEO.

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