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Cyan Blue Holdco 3 Limited
United Kingdom

This is a Subsidiary, click here for the Parent Company

Business Summary
Cyan Blue Holdco 3 Limited is a subsidiary of Cyan Blue Holdco 2 Limited and was formed by CVC Capital Partners Ltd. ("CVC") to facilitate the acquisition of a controlling stake in Sky Betting & Gaming ("Sky Bet") from Sky Plc by funds advised by CVC in a transaction that values Sky Bet at £800 million. Sky Bet was formed in 2001 and has grown rapidly to become one of the leading operators in the U.K.'s online betting and gaming market, through its strong partnership with Sky Sports and its exceptional track record of technology and product innovation. Sky Bet was one of the first operators to recognize the potential of online and mobile platforms for betting and gaming, and today operates across a number of verticals: Sky Bet, its sports betting business; Sky Vegas & Sky Casino, its casino gaming businesses, Sky Poker and Sky Bingo. Oddschecker, the U.K.'s leading odds comparison site is also part of the acquisition.

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Tuesday, November 19, 2019