CVC Capital Partners Acquires Sisal for €1 Billion
CVC Capital Partners announced so it has further delved into the world of gambling through another acquisition that is strategic. The equity that is private unveiled the purchase of Italian gambling operator and provider of re payment solutions Sisal Group S.p.A. for the quantity of €1 billion.
Sisal had been established in 1946 and it has since that time been supplying numerous gambling choices and payment solutions for gambling clients. It’s also interesting to note that the Milan-based business has end up being the to begin its kind to run in Italy being a Government Licensee. Sisal presently manages a lot more than 45,000 points of purchase situated all around the nation.
Although CVC Capital Partners has substantial previous expertise in the gambling industry, the private equity firm have not had existence into the Italian gambling market up to now. The company is famous for previously buying major gambling that is UK-based William Hill. What exactly is more, in March 2015, CVC Capital Partners acquired a big part stake an additional UK-based gambling company Sky Betting & Gaming. Most recently, it absolutely was established that the equity that is private would additionally purchase German operator Tipico.
Commenting regarding the latest announcement, Giampiero Mazza, Head of CVC Capital Partners’ Italian group pointed out that they’re happy with the opportunity to utilize and invest in Sisal while the Italian business has long ago established itself as one of the market leaders in Italy and it has been offering diverse activity choices in the united states. 阅读更多