Esports Technologies to acquire Aspire Global’s B2C business

Esports Technologies to acquire Aspire Globals B2C business

2 October 2021

Leading global provider of advanced eSports wagering products and technology Esports Technologies has announced a definitive agreement for the acquisition of Aspire Global’s B2C business in a $75.9 million transaction, which is expected to close by November 30, 2021. 

Under the terms of the deal, Esports Technologies will acquire Aspire's portfolio of B2C proprietary online casino and sportsbook brands, including Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. Esports Technologies intends to utilize the multiple-brand acquisition to cross-sell eSports wagering opportunities to increase its eSports revenue, player bet transactions, and customers. Upon completion of the acquisition, Aspire and Esports Technologies will enter into an agreement where Aspire will provide four years of managed services for the acquired brands, ensuring operational continuity while allowing Esports Technologies to scale its operations in key markets. "The acquisition of Aspire's B2C business will be a transformative opportunity to accelerate growth by offering eSports wagering to 1.25 million new deposited customers. Our company is in a strong position to benefit from the heightened popularity and growing interest in eSports”, said Aaron Speach, CEO, Esports Technologies.

"Esports Technologies is a strong company with high growth ambitions and is a perfect match for our B2C brands. With Aspire Global's B2C brands, Esports Technologies gains leading, well-established brands, an excellent base for further growth and a very talented team that contributed to the B2C's growth. We are confident that Esports Technologies will take our B2C brands to the next level, and we welcome Karamba and the other B2C brands as our new partners.”, added Tsachi Maimon, CEO of Aspire Global.