|Company Name||CEO||Acquisition Company||Purchase Price|
|Superbet Group||Johnny Hartnett||Napoleon Sports & Casino||$412-471 M|
Romania-based Bucharest, Superbet, as the name suggests a betting giant acquired Napoleon Sports & Casino a Belgium-based casino at $412 – $471 Million.
After this Acquisition, 100% of the shares of Napoleon Sports & Casino will be transferred to Superbet, and Superbet Group Inc. will be one of the most powerful players in Europe.
Tim de Borle CEO of Napoleon Sports said that we have 570 employees that will be shifted to Superbet Group for online and offline betting development. Also, Napoleon Sports expand its wings and accelerate growth with Superbet’s expertise.
Blackstone Group funded Superbet with a round of strategic investment of €175 Million.