ID: 34439

15.07.24

Business for sale: sell a business and buy a business in Ukraine

European group of IT companies in the iGaming sector for sale and co-investing

A 49% stake in a European group of IT companies in the iGaming sector for sale

Location:

Europe

  • Sector: IT and telecommunications
  • Business activity: Information technology and services
  • Price: $13 000 000
  • Share: 49%

The subject of sale is 49% in a business providing technical and management solutions in the iGaming sector, which includes:

  • product company that develops software for the iGaming industry;
  • a company that owns an online casino platform;
  • 4 operating online casino brands operating under a sublicense from Curacao;
  • a network of sites of more than 160 domains;
  • a close-knit team of specialists in software development, design, as well as launching and supporting
  • iGaming projects around the world.

Status: operating business.

Licenses, permits: certified platform for online casinos.

Geography of projects: AU, DE, CA, DK, NO, CH, AT, NZ, BR, FI, IE, JP, ZA.

Advantages of the project: a team with more than 7 years of experience, having 4 successful projects under management, as well as its own platform, VIP program, retention chains, well-developed UI/UX, E-mail newsletter (300K+ database), top payment systems, games from well-known providers, launch support.

Sales price: $13,000,000, of which $2,200,000 is cash-out, and the remaining $10,800,000 is cash-in for investment in the company.

The price includes: 49% ownership in all European companies that own the platform, domains of 4 online casinos, and a network of sites.

The purpose of attracting investments: increasing the budget for the purchase of traffic for existing projects, obtaining local licenses in Curacao, Malta, Estonia, Romania, Bulgaria, Brazil, Mexico, Canada, Nigeria to enter new financially attractive markets and expand the geography of the project, as well as launch within 12 months of new 12 online casinos.

ROI: up to 28 months from the date of purchase of the business.

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