Acquiring Company
Hard Rock Digital
Acquired Company
888 Holdings
GamblingSportsGaming
Description
888 Holdings, a gambling and sports betting company, has announced the strategic decision to sell its US business-to-consumer (B2C) assets to Hard Rock Digital, as part of its plan to exit the US B2C market completely by the end of the year. This move comes after a thorough strategic review of its US business and considerations of all potential alternatives to deliver value for the business.
DealWatch™ Score
89
High M&A Activity
M&A Opportunity Analysis
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M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed