Tekkorp Capital, the funding automobile arrange by gaming entrepreneur Matt Davey, has introduced that it’s including a brand new advisory arm. Tekkorp Capital will now present strategic recommendation to the fast-growing international igaming, digital sports activities betting, and Internet 3.0 ecosystems. Tekkorp Capital has a strong monitor file of investing in fast-growing and modern firms, each private and non-private, and including advisory companies to companies the place the companions could make a fabric distinction is the logical subsequent step.
Tekkorp Capital’s recruitment drive is headlined by Crispin Nieboer, the previous CEO of William Hill’s on-line gaming enterprise and Group Director of World M&A. Whereas main Company Improvement for William Hill, Nieboer helped ship a string of offers within the US together with the $2.9bn sale of William Hill PLC to Caesars Leisure, and the pending $3bn sale of William Hill’s non-US enterprise to 888 Holdings.
Crispin Nieboer commented: “The chance to affix up with such a powerful group of individuals at Tekkorp Capital doesn’t come alongside fairly often. As a group, we’ve suggested or executed on over $24bn of offers within the digital playing sector so far. All of us have held CEO, MD or CFO roles at main digital operators, in addition to having distinguished M&A backgrounds. This data of what works from an operator standpoint in M&A is the true key distinction between Tekkorp Capital and different advisory corporations in our trade.”
Exemplifying Tekkorp Capital’s hands-on expertise is its President, Robin Chhabra, whose previous decade within the digital gaming panorama has seen him on the forefront of a few of the sector’s era-defining offers. Whereas serving as The Stars Group’s Chief Company Improvement Officer, he led the acquisition of Sky Betting and Gaming from CVC Capital Companions and Sky plc, Europe’s largest media firm, in a transaction valued at $4.7 billion and TSG’s subsequent $12.2 billion merger with Flutter Leisure. Tekkorp’s CFO Eric Matejevich is a veteran CFO/COO of a number of gaming firms together with NYX, Atlantic Membership, Resorts Worldwide and Cannery On line casino Resorts and was latterly the Interim CEO for Ocean On line casino Resort in Atlantic Metropolis, main its profitable turnaround effort.
Tekkorp Capital additionally welcomes as Accomplice the media and gaming specialist and entrepreneur, Andy Clerkson. Clerkson had an illustrious profession in US publishing earlier than founding playing tech agency Grand Parade, and being engaged as strategic adviser to The Stars Group, William Hill and Flutter within the USA. The group is accomplished by two affiliate companions. Roger Lu, who leads Tekkorp’s Cryptocurrency and Blockchain initiatives, working with crypto entrepreneurs to scale their companies. And former PokerStars government, Tarvi Randver, who gives strategic operational recommendation to Tekkorp purchasers and portfolio firms.
“Tekkorp Capital has been inundated with requests from multinational companies by to innovators within the international digital gaming sector to supply strategic recommendation. Now we have now assembled a group with an unrivalled mix of M&A and operational management expertise to make sure we are able to present the absolute best steerage on a spread of complicated points going through executives within the sector right this moment,” stated Matt Davey, the founder and CEO of Tekkorp Capital.
Tekkorp Capital additionally manages Tekkorp Digital Acquisition Corp. The NASDAQ-listed clean examine firm (or SPAC) seeks excessive progress companies that can profit from transformative experience and entry to the world’s largest public capital markets.