Extract from our Nordic M&A Newsletter

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Better Collective acquires US-based RotoGrinders USD 21m
May 28, 2019

Better Collective, a developer of digital platforms for bookmaker information, has acquired 60 pct of the US-based website operator RotoGrinder. RotoGrinder operates several bookmaking websites in the US. BC will acquire the remaining shares in 2024. RotoGrinders reported a turnover of USD 8m and EBITA of USD 3m in 2018, corresponding to an EV/EBITDA multiple of 11.7x.

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