Stakelogic has confirmed the sale of its business to Japanese entertainment firm Sega Sammy Holdings.
The agreement will see 100% of Stakelogic’s equity shares handed to Sega Sammy Creation – a subsidiary of the holding company – for an upfront enterprise value of €130m. Stakelogic may also gain an earnout payment from the sale, subject to certain performance conditions being met.
Stephan van den Oetelaar, CEO of Stakelogic, commented: “Sega Sammy and Stakelogic share the same passion for online entertainment, innovation and technology. Together with Sega Sammy, Stakelogic will be able to grow its international operations much faster.
“The regulated igaming market will double in size in the upcoming years. As part of Sega Sammy, we will have the execution power to become one of the leading players in the igaming B2B industry.”
While Sega Sammy will bolster Stakelogic’s product visibility using its proprietary distribution platform, van den Oetelaar is set to keep his position as CEO of the Dutch igaming supplier.
Koichi Fukazawa, Senior Executive Vice President and Group CFO of Sega Sammy, added: “Sega Sammy Group aims to establish a presence as a creative B2B solution provider based on innovative technology, especially in the North American online gaming market.
“I am very pleased to announce our alliance with Stakelogic, an innovative and leading content provider in the Dutch gaming market, as a crucial part of executing this strategy.
“We are confident that Stakelogic’s ability to rapidly develop and provide unique, high-quality gaming content will make a significant contribution to the implementation of our strategy and create excellent synergies through combining with the strengths of our group.”
The acquisition is subject to the receipt of regulatory approvals in any relevant jurisdictions for Sega and Stakelogic, as well as the satisfaction of other customer conditions, but is expected to close in the second quarter of 2025.