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New Deal


Announced

Endeavor-backed IMG Arena to acquire Leap Gaming for $14m.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Gaming

gaming

online casino

Majority

Acquisition

Pending

Single Bidder

virtual sports games

Cross Border

United States

Synopsis

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Endeavor-backed IMG Arena, a sports and federations company, agreed to acquire Leap Gaming, a virtual sports and casino games provider, for $14m. “Leap joining the IMG Arena business is a natural union born out of synergies in product, customer base and, most importantly, culture and vision. This will enable us to leverage our knowledge, strengths and resources to deliver an enhanced range of best-in-class virtual sports products,” Yariv Lissauer, Leap Gaming CEO.

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