Superbet has announced that it has reached terms to secure a €1.3bn refinancing agreement to accelerate its strategic expansion.
Deal terms were agreed upon by Superbet’s principal investor, private equity (PE) fund Blackstone, and related parties managed by HPS Investment Partners (HPS).
The €1.3bn arrangement will be used by Superbet to strengthen its financial resources as the company continues to execute its growth strategy—this includes expansion into the Brazilian market, M&A optionality, and further investment in innovative technologies.
Following a year of extensive investment in the development of its proprietary technologies and systems, Superbet believes it has created a platform to expand its business aggressively in both new and existing markets.
