|Deal:||Sale to Pollard Banknote; £7.8m initial consideration|
|About the client:||mkodo, which was founded in 2001, delivers world-class, award-winning apps and digital products for mobile, online and retail environments in the betting, gaming and lottery sectors. Clients of the UK-based company include; The Rank Group’s Grosvenor Casinos and Mecca Bingo brands, Canada’s Atlantic Lottery Corporation and British Columbia Lottery Corporation.|
|About the transaction:||Akur acted as exclusive financial adviser to mkodo on its 100% sale to Pollard Banknote
Sue Yoxall, Co-founder and Executive Director of mkodo said:
“From origination of appropriate partners through to structuring, negotiating and finalising the deal with Pollard Banknote, we have been extremely impressed with Akur’s extensive network, knowledge and advice throughout the process.”
Chris is focused on listed closed-ended funds, specialising in both equity and debt capital fundraising.
He has over 16 years’ experience in both sales and research. With relationships across many of the large institutional investors in the sector, he has worked across IPOs, secondary fundraisings, placings and sales.
He began his career in the City as an investment funds analyst at Credit Lyonnais in 1999, and has subsequently held positions at Lazard Panmure Gordon, Arbuthnot Securities, and most recently as a specialist salesman within the investment funds team at Westhouse Securities. He is focused on private and public real estate and REITs, infrastructure and utilities, emerging markets, private equity and alternatives.
Tel: +44 (0) 20 3780 8746
Mob: +44 (0) 7471 141 303