Equity investment in Superbet by Blackstone

BDO.LiveSite.Deals.DealTypePrivate Equity & Transaction Services
BDO.LiveSite.Deals.IndustryLeisure
BDO.LiveSite.Deals.ClientName SB Group Ltd

Founded in 2008, Superbet has over 1,200 retail shops in Romania and Poland offering customers pre-match and live sports betting, virtual betting and lottery offerings. 

Superbet launched online operations in February 2016 and a purpose built mobile app in September 2018. 

Blackstone's €175m equity investment will allow Superbet to maintain and extend their market leading position in Romania, whilst furthering their expansion in Poland and Central Eastern Europe. 

BDO provided sell-side advice for the minority equity investment in Superbet by Blackstone.