Superbet Secures EUR 1.3 Billion Investment from Blackstone and HPS
Deal News | Feb 18, 2025 | CEE Legal Matters
Bulboaca & Asociatii has advised the Superbet Group, a key player in the international entertainment and technology markets, in securing a substantial investment totaling EUR 1.3 billion from notable American investment funds, Blackstone and HPS Investment Partners. Founded by entrepreneur Sacha Dragic in 2008, Superbet aims to advance its market position through this financial injection. The deal supplements Blackstone's previous investment in 2019, when they acquired a minority stake in Superbet for EUR 175 million, and heralds the introduction of HPS Investment Partners as a new strategic investor. With this substantial backing, Superbet is poised to further its ambitions within the industry.
Sectors
- Entertainment and Technology
- Private Equity and Investment
Geography
- United States – Both Blackstone and HPS Investment Partners, the investing entities, are based in the United States, indicating the international reach and interest in Superbet's operations.
- Romania – Superbet Group, advised by Bulboaca & Asociatii, is a Romanian company, highlighting its origins and the geographic focus of its operations.
Industry
- Entertainment and Technology – Superbet Group operates in the entertainment and technology sectors, which are the primary focuses of the company's strategic growth and market positioning, strengthened by the recent investment from Blackstone and HPS Investment Partners.
- Private Equity and Investment – The involvement of Blackstone and HPS Investment Partners categorizes the article within the private equity and investment industry, highlighting the role of these funds in strategic financial backing.
Financials
- EUR 1.3 billion – Total investment from Blackstone and HPS Investment Partners into Superbet Group.
- EUR 175 million – The amount Blackstone previously invested in 2019 to acquire a minority stake in Superbet.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Superbet Group | Target Company | Company | A Romanian company operating in the entertainment and technology sectors, founded in 2008 by Sacha Dragic. |
| Blackstone | Investor | Company | An American investment management firm that previously acquired a minority stake in Superbet and is now contributing to the EUR 1.3 billion investment. |
| HPS Investment Partners | Investor | Company | A new strategic investor in Superbet as part of the recent EUR 1.3 billion funding round. |
| Bulboaca & Asociatii | Legal Advisor | Company | A Romanian law firm advising Superbet Group in the investment transaction. |