Superbet Group agrees €1.3 billion refinancing deal with Blackstone
With one of the fastest growing companies in the global technology and entertainment industry, Superbet Group is refinancing its global business with 1.3 billion euros. Six years after its first investment, Blackstone is joined by the Americans from HPS Investments.
Superbet Group, one of the most important companies in the global technology and entertainment industry, announces the conclusion of a refinancing agreement, worth 1.3 billion euros, with two of the largest investment funds in the world – Blackstone and HPS Investment Partners.
“We are pleased to announce the signing of this partnership, as we continue our growth trajectory. The fact that we now have two blue chip investors, Blackstone and HPS Investment Partners, on our side is a crucial moment in the company’s history and, given the solid financial foundation that our company has, allows us to continue our expansion process, supported by our unique position in terms of technology and innovation in the field of digital products.
Together with our strategic investment partners, Blackstone and HPS Investment Partners, we will continue the sustainable growth of the business. We will invest in innovative technologies, develop our Superbet entertainment ecosystem and strengthen an environment of responsibility around the business we run”, said Hans-Holger Albrecht, Chairman of the Board of Directors of the Superbet Group.
The new refinancing agreement, worth 1.3 billion euros, provides the Superbet group with a solid financial platform for the coming years, aimed at supporting the group’s continued growth strategy – including expanding into the Brazilian market, facilitating mergers and acquisitions (M&A) options and making further investments in innovative technologies.
Following significant investments made in its own technology platform, Superbet has accelerated its growth and consolidated its leading position in the European markets where it operates, becoming one of the fastest growing companies in the global technology and entertainment industry. At the same time, the company has demonstrated a remarkable ability to invest in new markets, the most recent example being the successful entry into the competitive Brazilian market.
“Our core vision is to scale rapidly, with the aim of becoming a global leader in the technology and entertainment industry, through product innovation and a customer-centric approach. We are proud to partner with Blackstone and HPS Investment Partners, world leaders in asset management, at this important stage in Superbet’s development. I am very confident that this defining moment represents a strong impetus that will help us achieve our ambitious goals”, said Jimmy Maymann, Co-CEO of the Superbet group.