IPS, EDM and Rocket 9 include a 100-strong team and prominent UK casino brands including Pink Casino, SlotBoss and 21.co.uk. The business was founded by the team behind Bede Gaming, a leading supplier of software to the online gambling industry
About the transaction:
Akur ran a competitive process, leveraging our extensive international network of gaming investors and acquirers, bringing to the table a broad range of interested parties.
Joe Saumarez Smith, Co-founder and lead investor said: “Akur have led the transaction from start to finish in a highly professional way. From identifying and introducing potential acquirers to deal structure and transactional agreements, Akur have been fantastic advisors who have listened to our needs and identified the best deal partners. The transaction is an ideal outcome for the shareholders, the management of the business who have a fantastic cultural fit with the acquirers and Bede Gaming, who have signed a new software supply deal with the acquirers.”
Laura is the Executive Assistant at Akur Capital. Prior to joining, she worked as a PA and Team Secretary for the Group Marketing team at Robert Walters, a global specialist recruitment firm. Her previous experience includes roles at E.ON and Nelson Bostock Group. She holds a degree in Business Enterprise Development.
Revelan Group (UK Industrials and Logistics) – Equity Investment
Date:
October 2017
Deal Size:
Majority investment into an existing £200m Revelan Group industrial focused portfolio by Ares Management.
About the client:
Revelan Group is a UK multi-let industrials and logistics owner, with a c. £200m portfolio of industrial assets in the UK.
About the transaction:
Akur Capital ran an extensive process to identify and deliver an appropriate equity partner for the Revelan Group management team during 2017.
This was a unique opportunity for a sector specialist like Ares Management to take advantage of the value add nature of taking an existing UK industrial focused portfolio into a pure play industrial logistics platform; unlocking the income and capital value inherent within the assets.
Ares (a leading alternative asset manager) has invested and partnered with Revelan to deliver a pure play industrial logistics portfolio of scale, capitalising on the growing demand for space from e-commerce companies.