Clairvest Group makes majority investment in FSB Technology
Clairvest Group has made a majority investment of £23 million ($38 million) in FSB Technology (UK) Ltd, a London-based sports betting and gaming platform. The investment, intended to support the company's growth in new and existing markets, may be increased by up to £4 million under certain conditions. Founded in 2007, FSB provides business-to-business sports and internet gaming technology. Its solutions include data and pricing feeds, sports betting software, and trading services. The platform deal is Clairvest's 13th in the gaming space and 10th by Clairvest Equity Partners V. Earlier this year, Clairvest closed its sixth mid-market fund, raising about $1.1 billion (US$850 million).
30 July 2019•3 mins read
