Home Lancashire News BD Sport Group acquired by Canadian company

BD Sport Group acquired by Canadian company

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Napthens solicitors has advised on the acquisition of a Lancashire sports betting group by a Canada-based business.

BD Sport Group, which was founded in 2007 in Thornton-Cleveleys to provide stadium betting services for sports teams, has been bought by Gaming Nation Inc in a deal worth £8.8 million, with an additional earn out provision of up to £2.2 million.

The company operates stadium betting at 31 stadiums in the UK, employing nine full-time employees and over 1,000 match day staff.

Its match day betting service is currently operational with football clubs from the Premier League and Champions League including Manchester United, Manchester City, Liverpool, Chelsea, Arsenal and Everton.

Gaming Nation Inc is based in Toronto, Canada, and provides technology and information platforms to the sports and entertainment industry.

A team of lawyers from Napthens including Phil Brown and Natalie Lewis advised BD Sport Group on the sale, led by Richard Robinson, partner and head of Corporate. Corporate Finance advice was provided by John Ballard and Chris Evans of Ballard Evans.

Gaming Nation Inc was advised by the London office of US law firm Pillsbury Winthrop Shaw Pittman LLP.

Gaming Nation Inc CEO Scott Secord said: “We are excited to have closed the acquisition of BD Sport Group and look forward to integrating the infrastructure and management expertise into our operations.”

Richard Robinson of Napthens said: ‘We’re delighted to have advised BD Sports on this deal and now look forward to seeing the company grow under the Gaming Nation umbrella.”

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Andrew Mann
After 34 years working in numerous operational and communications disciplines for three FTSE companies (Yorkshire Electricity; Meggitt and BAE Systems), at over a dozen locations, on 24 November 2016, I became the inaugural editor of Business Lancashire. Business Lancashire is a good news, Lancashire focused, business website and daily newsletter. It is a partnership between The Samuel James Group and the North and Western Lancashire Chamber of Commerce. Over the years, I have written hundreds of press releases, features for trade magazines, copy for websites and brochures, edited in-house magazines and newsletters, as well as presenting a radio programme on Chorley FM. This experience has given me the ideal background for editing Business Lancashire.