Ficom Leisure advises B2C mobile casino gaming company Best In Game on sale to Snaitech
London, UK, Jun. 23, 2020 – Ficom Leisure acted as the exclusive strategic advisor to BIG Best in Game srl in the sale of 100% shareholding to Snaitech SpA for an undisclosed amount.
BIG Best in Game is an online and mobile gaming operator that has reached a position of excellence in the Italian licensed market. With a Gross Gaming Revenues of 4.5 million euros, BIG boasts remarkable economic results thanks to a niche approach and tailor-made customer base management as underlined by Fabio Schiavolin, Snaitech CEO.
Ficom Leisure assisted in initiating the transaction, structuring the deal and advised BIG Best in Game shareholders through negotiations, documentation and final closing.
Mauro Roncolato, shareholder of BIG Best In Game, said “Ficom Leisure delivered an outstanding result for BIG Best in Game and its shareholders with their expertise in the consolidation of the Italian gaming industry and their unparalleled access to investors interested in the B2C gaming segment”.
Christian Tirabassi, Senior Partner at Ficom Leisure, said “In terms of the financial and other key criteria that were important to BIG Best In Game shareholder, we were able to create a competitive dynamics among several strategic buyers, leading to the selection of Snaitech as the optimal partner. Our firm’s gaming industry expertise in M&A and strategic advisory enables us to successfully approach key decision-makers and articulate the strategic benefits of an acquisition, which led to a very successful result for BIG Best In Game shareholders”.
Christian Tirabassi and Pietro Cordova of Ficom Leisure worked together with Tiberio Frascari of Studio Palmieri, in relation to tax advisory, and with Roberto Sammarchi of Parma & Sammarchi, in relation to legal advisory to BIG Best In Game.
For additional information, please contact:
Gloria Borisova, Senior Analyst at Ficom Leisure
gloria.borisova@ficomleisure.com
About Ficom Leisure – Gaming Advisory & Investments
Ficom Leisure is an M&A advisory and consultancy company specialized in the offline and online betting & gaming industry since 1996. Ficom Leisure has more than 75 years of combined experience and expertise in all segments of the B2B and B2C international gambling industry: Betting, Casino, Lottery, Live Casino, Bingo, Poker and Skill Games for land-based and online, mobile, social gaming and e-sports. We provide strategic and corporate advisory, business consultancy and sell-side and buy-side investment related services from locations in London, Rome, Madrid, Cyprus and Miami. Ficom Leisure is specialized in the internet gaming & betting sector since its inception in 1999 working in each stage from strategy, planning, launch and development in all of the regulated markets.
More information about Ficom Leisure is available at www.ficomleisure.com