Thu, 09 Jun 2016 | BUSINESS SALE
Content developer CORE Gaming has been bought by Sky Betting & Gaming, in a deal that solidifies the already close relationship between the two, reports Insider Media.
Based in Solihull, West Midlands, CORE Gaming develops HTML5 real money games for major casino operators and websites around the world.
The deal enables investor Steve Murray to exit CORE, leaving its management team, headed up by managing director Justin Chamberlain, to take things forward for the company.
Conor Grant, the gaming director of Sky Betting & Gaming, commented on the purchase: “This acquisition makes what was already a close relationship even closer.
"CORE Gaming has been a key part of our mobile casino success story and we believe their unique position to understand our customers and build great content for our players will further drive our gaming business forward.”
Sky Betting & Gaming has been independent for about a year since Sky sold its majority share to CVC Capital Partners, and it has flourished in this short time, becoming the first betting and gaming company to find itself listed on the Sunday Times 100 Best Companies index.
This recent success for Sky Betting & Gaming follows on from the group recording a 36 per cent rise in sales to £247 million for the year to June 2015, with more good news expected to be delivered in its next financial report in the summer.
Find tech businesses for sale
Supplies uPVC windows and doors to home and small business owners in the UK. Operates from freehold premises. Excellent potential for continued growth. Our client is offering the business for sale to facilitate their retirement. Offers invited.
FREEHOLD
Offers are required by 5pm on Friday 24th April 2020. Long established personalised print company with UK wide educational sector clients. Over 30 years in the marketplace. Supply of personalised printed items/merchandise to UK educational organisati...
LEASEHOLD
Interested parties should be in a position to submit initial expressions of interest no later than 5pm on 17 April 2020. A unique opportunity to acquire a well-established designer and manufacturer of bespoke carpentry and joinery components.
LEASEHOLD
|
07
|
|
Apr
|
Treasury plan to save medium-sized businesses by taking emergency stakes | BUSINESS NEWS
The Treasury is understood to be considering user taxpayer m...
|
07
|
|
Apr
|
Clarks makes store closures and explores financing opportunities | COMMERCIAL PROPERTY
Footwear retailer Clarks has confirmed that it will close a ...
|
06
|
|
Apr
|
Cath Kidston set to enter administration | ADMINISTRATION
Clothing, accessories and homeware retailer Cath Kidston has...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources