News Contact Press Cloud Cloud areas × Nexia S&A Hub Paris Extranet Montesson Extranet Français LinkedIn
News

News Nexia S&A

Info deal : Funbridge

News : transaction services

Share

Aca Nexia helped Goto Games and HLD build the world's largest online bridge platform by bringing together Funbridge, the European leader, and BBO, the US leader. The buy-side DD was made in collaboration with the American firm CLA, a member of Nexia International.

The bridge platform supported by HLD Europe triple size approaching its American competitor BBO to entertain 1 million online bridgeurs.
Goto Games, the editor of the bridge training software Goto Bridge and Funbridge, an online gaming platform, acquires the American BBO (Bridge Base Online). Nice shot for the French supported by HLD Europe since 2016 that put hands on an emblematic actor allowing him to gather now a million bridgeurs playing more than 3 million parts each day. To carry out the operation, HLD proceeded to a capital increase and rose to 75% of the capital, always with the Tarnus family (founder), Laurent Damiani, Pierre Dreulle and Jérôme Rombaut, joined by the two animators and major shareholders of BBO, Fred Gitelman and Uday Ivatury. A senior debt supplement, “with a leverage effect of around three times EBITDA” was co-arranged by CIC and BIL with Société Générale. No numerical information filtered. The new entity, which should total this year € 15 million in revenue is placed under the leadership of Olivier Comte (CEO of Koch Media France).

Link(s)

Load more articles

Back to Top
Nexia S&A
Work
31 rue Henri Rochefort
75017Paris
Île-de-France
FRANCE
Work +33.1 47 66 77 88
contact@nexia-sa.fr