Hewitsons assists international client on multi-million-pound acquisition
A multi-award-winning provider of digital marketing services for the global iGaming industry has completed a £6.5million acquisition with assistance from law firm Hewitsons.
The strategic acquisition has provided Gambling.com Group Plc with assets including websites Bookies.com, Bookmakers.co.uk and Footballscores.com, as well as 76 sports betting and casino-related domain names.
Neil Harpham, a Partner in Hewitsons’ Northampton Corporate Finance team, led the deal, assisted by Solicitor Anne-Sophie Reynolds and Trainee Solicitor Alexandra Svennevik.
Neil said: “Gambling.com Group was originally referred to us by US law firm Hutchison PLLC, based in Raleigh, North Carolina, which is a member of our international network of law firms, Law Exchange International.
“We were delighted to be given the opportunity to work once more alongside our US colleagues and assist Gambling.com Group in its largest and most exciting acquisition since it began acquiring in 2017.
“We wish the Group every success going forward as it increases its market share and its focus on big brands and domains within the industry.”
Charles Gillespie, Gambling.com Group Plc Chief Executive, commented: “Neil and his team at Hewitsons helped deliver this deal on time despite substantial complexity and time pressure. It was a pleasure working with Neil and I look forward to working with Hewitsons again in the future.”
Founded in 2006, Gambling.com Group Plc has a workforce of more than 70 and operates from offices in Dublin, Tampa, Monaco and Malta. The Group publishes websites that offer comparisons and reviews of online gambling websites in 14 national markets in eight languages. Players use these resources to select which online gambling operators they should trust to offer a safe and honest online gambling experience. The Group’s publishing assets include the leading iGaming industry portals Gambling.com and Bookies.com, among many others.
Hewitsons has offices in Cambridge, London, Northampton and Milton Keynes, together employing more than 120 expert lawyers across a wide range of specialisms.