.
MergerLinks Header Logo

New Deal


Announced

Completed

Playtech completed the acquisition of a minority stake in Hard Rock Digital for $85m.

Financials

Edit Data
Transaction Value£70m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Acquisition

United States

Single Bidder

Private

Gaming

Cross Border

gaming

Minority

Completed

Friendly

Synopsis

Edit

Playtech, a gambling software development company, completed the acquisition of a minority stake in Hard Rock Digital, a vehicle for interactive gaming and sports betting, for $85m. “The Playtech team is thrilled to announce our strategic partnership with HRD. Hard Rock International has cemented itself as a marquee name worldwide, not just in gambling, but more widely in entertainment. HRD will combine the strength of this global brand with a proven management team, some of whom we at Playtech have known for many years and believe to be among the strongest in the online gambling industry," Mor Weizer, Playtech CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US