Dutch game developer Stakelogic Friday announced an agreement to sell 100% of its equity shares to Japanese entertainment conglomerate Sega Sammy Holdings. The transaction, which will be done through holding company Sega Sammy Group, is for an enterprise value of €130 million (~US $141 million) and an earnout payment subject to certain performance measures being met.
“Sega Sammy and Stakelogic share the same passion for online entertainment, innovation and technology. Together with Sega Sammy, Stakelogic will be able to grow its international operations much faster,” said Stakelogic CEO Stephan van den Oetelaar, who will continue in that role. “The regulated igaming market will double in size in the upcoming years. As part of Sega Sammy, we will have the execution power to become one of the leading players in the igaming B2B industry.”
The transaction combines Stakelogic’s catalog of popular online slot games, live casino studio capabilities, fast-growing hybrid game offering, and an in-house game development factory with Sega Sammy’s global distribution platform.
“Sega Sammy Group aims to establish a presence as a creative B2B solution provider based on innovative technology, especially in the North American online gaming market,” said Sega Sammy CEO Koichi Fukazawa. “I am very pleased to announce our alliance with Stakelogic, an innovative and leading content provider in the Dutch gaming market, as a crucial part of executing this strategy. We are confident that Stakelogic’s ability to rapidly develop and provide unique, high-quality gaming content will make a significant contribution to the implementation of our strategy and create excellent synergies through combining with the strengths of our group.”
The sale is subject to the receipt of regulatory approvals in relevant jurisdictions, and the satisfaction of other customary conditions. It is expected to close by the second quarter of the calendar year 2025.
