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Superbet Secures €1.3 Billion Refinancing

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Superbet Group has announced the signing of €1.3 billion refinancing agreement with existing investors Blackstone and certain funds and accounts managed by HPS Investment Partners (HPS), to support the company’s ongoing expansion.

The new €1.3 billion arrangement provides Superbet with a strong financial platform for the coming years as the company continues to execute on its growth strategy – including its expansion into the Brazilian market, M&A optionality and further investment in innovative technologies.

Following a substantial investment in the proprietary technology platform, the company has accelerated growth and strengthened market positions across Europe. Additionally, the company has successfully expanded into new markets, highlighted by a recent launch in Brazil.

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Hans-Holger Albrecht, Chairman of the Board, Superbet Group: “We are delighted to announce the successful signing as we continue our growth trajectory. The fact that we have two blue-chip investors, Blackstone and HPS, is not only a milestone for the company, but also, given our strong balance sheet, is something that enables us to continue our expansion story, driven by our unique tech and product position.

“Together with Blackstone and HPS, we will drive sustainable growth through investments in innovative technology, the enhancement of our entertainment ecosystem, and strengthen our strong culture of responsible entertainment.”

Jimmy Maymann, Co-CEO of Superbet Group, said: “The core vision of Superbet is to scale at pace and become a global leader in the tech and entertainment industry, through product innovation and a customer-centric approach. We are proud to team up with Blackstone and HPS, world leaders in asset management, in our growth journey. I am highly confident that this landmark moment will give us strong momentum to achieve our ambitious goals.”

Sacha Dragic, Founder & Co-CEO of Superbet Group, said: “I am thrilled that we have signed this refinancing deal, a testament to our commitment to becoming global leaders in our industry. Our unique business model seamlessly integrates strategic investments in cutting-edge technology with a diversified product portfolio, carefully aligned with modern consumer trends.

“Furthermore, our strong financial fundamentals and operational excellence provide a solid platform to accelerate growth in our existing markets while also targeting expansion into high-potential future markets.”

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Raphael de Botton, Senior Managing Director at Blackstone Tactical Opportunities, said: “Sacha is a visionary founder and entrepreneur, backed by an exceptional management team. We are proud to continue to support this company on its remarkable journey of growth and innovation. With exciting expansion plans on the horizon, we look forward to our ongoing partnership and the opportunities that lie ahead.”

The post Superbet Secures €1.3 Billion Refinancing appeared first on European Gaming Industry News.

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