Superbet Group has secured a €1.3 billion refinancing deal with existing investors Blackstone and certain funds and accounts managed by HPS Investment Partners (HPS).
The Romania-headquartered betting and gaming operator will use the funds to support growth into new markets such as Brazil, as well as M&A opportunities and further investment in its technology stack.
“We are delighted to announce the successful signing as we continue our growth trajectory,” said Superbet chairman Hans-Holger Albrecht. “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.”
Superbet co-CEO Jimmy Maymann commented: “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 and co-CEO at Superbet, added: “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.”