Tekkorp Capital has added a new advisory arm which will be headlined by William Hill’s former CEO, and Group Director of Global M&A, Crispin Nieboer.
Set up by Matt Davey, Tekkorp Capital will now provide strategic advice to igaming, sports betting, and web 3.0 ecosystems.
“Tekkorp Capital has been inundated with requests from multinational corporations through to innovators in the global digital gaming sector to provide strategic advice,” stated Davey, Founder and CEO of Tekkorp Capital.
“We have now assembled a team with an unrivalled blend of M&A and operational leadership experience to ensure we can provide the best possible guidance on a range of complex issues facing executives in the sector today.”
As mentioned above, Tekkorp’s recruitment drive will be spearheaded by Nieboer, who aided William Hill to deliver various deals in the US, such as the $2.9bn sale of William Hill to Caesars Entertainment, and the pending $3bn sale of William Hill’s non-US business to 888.
Nieboer commented: “The opportunity to join up with such an impressive group of people at Tekkorp Capital does not come along very often. As a team, we have advised or executed on over $24bn of deals in the digital gambling sector to date.
“All of us have held CEO, MD or CFO roles at major digital operators, as well as having distinguished M&A backgrounds. This knowledge of what works from an operator standpoint in M&A is the real key difference between Tekkorp Capital and other advisory firms in our industry.”
Joining its advisory arm is the company’s President Robin Chhabra and CFO Eric Matejevich, alongside media and gaming specialist and entrepreneur, Andy Clerkson. In addition, the company’s new team will have two associate partners in Roger Lu, who leads the firm’s cryptocurrency and blockchain initiatives, and former PokerStars executive, Tarvi Randver.