WH Partners has recently advised the private equity firm CVC Capital Partners on Maltese law issues concerning the acquisition of a majority stake in the German sports betting company Tipico Group.
Malta-based Tipico are a major sports betting operator with a franchise network with over 750 branches in Germany and more than 1000 across the rest of Europe. They offer a range of services from sports betting and online casinos that are available through their website and mobile portals. The purchasers, CVC Capital Partners are a premier private equity firm that manage capital for over 300 investors across Europe, Asia and the United States.
The lead partner was Ruth Galea. Partners Olga Finkel and James Scicluna were also involved as were senior associates Robert Zammit, Graziella Grech, Angele Attard-Chetcuti and Senior Advisor Robert Skalina.