GAN - M&A Summary and Business Overview

Digital MediaCompany

GAN M&A Summary

GAN has acquired 2 companies, including 2 in the last 5 years.

GAN’s largest acquisition to date was in 2020, when it acquired Coolbet Group for $168M. GAN has acquired in 2 countries. The Company’s most targeted sectors include gaming (50%) and leisure (50%).

GAN Business Overview

Where is GAN headquartered?

GAN is headquartered in Irvine, California.

What is GAN’s revenue?

GAN disclosed revenue of 142M USD for 2022 and 125M USD for 2021.

What sector is GAN in?

GAN is a digital media company.

When was GAN founded?

GAN was founded in 2002.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 2

GAN

GAN Ltd.

400 Spectrum Center Drive, Suite 1900,
Irvine, California 92618
United States,
(702) 964-5777
www.gan.com

GAN is a business-to-business supplier of internet gambling software-as-a-service solutions predominantly to the U.S. land-based casino industry and is a business-to-consumer operator of proprietary online sports betting technology internationally with market leadership positions in selected European and Latin American markets. In its B2B segment, GAN has developed a proprietary internet gambling enterprise software system, GameSTACK, which it licenses to land-based U.S. casino operators as a turnkey technology solution for regulated real money internet gambling, encompassing internet gaming, internet sports betting, and social casino gaming branded as 'Simulated Gaming. The company was founded in 2002 and is based in Irvine, California.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.2/yr) # 1 1 - - - - 2
vol $168M $168M
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
Silverback Gaming Ltd. 2021-12-09 - Add-on Acquisition
Sofia, Bulgaria · www.silverbackgaming.com
Coolbet Group 2020-11-16 168M EUR Add-on Acquisition
Tallinn, Estonia · www.coolbet.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Gaming 1 (50%) - - -
Leisure 1 (50%) 168M (100%) - -
Total 2 $168M - -

By Geo

State/Country Buy Value Sell Value
Bulgaria 1 - - -
Estonia 1 168M - -
Domestic - - - -
Cross-border 2 (100%) 168M (100%) - -
Total 2 $168M - -

Deal Values

buy # Total
$100M to $1B 1 $168M
TOTAL $168M
Largest Coolbet Group
$168M (2020-11-16)

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