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New Deal


Announced

Churchill Downs to acquire Exacta Systems for $250m.

Financials

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Transaction Value£205m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

horse racing

technology solutions

United States

Majority

Acquisition

Digital Services

Private

Pending

Friendly

Single Bidder

Synopsis

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Churchill Downs, a racetrack provider, agreed to acquire Exacta Systems, a pioneering technology driving growth in new and existing HHR markets, for $250m. “For nearly a decade, Exacta has been a creative force supporting the growth of historical horse racing in the US. We look forward to expanding Exacta’s national footprint and further diversifying the game offerings available to players at HRM facilities around the country,” Bill Carstanjen, CDI Chief Executive Officer.

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