M&A Advisory · iGaming
Specialist advice for an industry that moves fast and trades quietly.
Eukalpia Capital is a boutique M&A advisory firm focused exclusively on the iGaming sector. We advise on both sides of the table — founders and shareholders selling, and operators and investors buying or entering new markets — with senior attention and complete discretion.
Services
What we do
We act for sellers and for buyers — never for both in the same transaction. Three things, done with senior attention and complete discretion.
Company & asset sales
Full-process advisory for founders and shareholders selling a business, brand or asset portfolio — from preparation and valuation through buyer outreach, negotiation and close.
Acquisitions & origination
Target identification, approach and execution for acquirers building scale, adding capability or entering new markets — often the fastest route to a licensed, operating presence.
Valuation & strategic options
Independent valuation work and honest counsel on timing, structure and readiness — whether a transaction is months away or simply one option among several.
Sectors
Where we operate
iGaming only — across the full value chain.
Operators
Casino · Sportsbook · B2C brands
Platforms & suppliers
PAM · Aggregation · B2B tech
Game studios
Slots · Live · Content providers
Affiliates & media
Lead gen · Comparison · SEO assets
Payments & compliance
PSPs · KYC · RegTech
Data & adjacent tech
Odds feeds · CRM · Analytics
Market entry
Acquisition is often the fastest route into a new market.
In regulated iGaming, building from scratch means licences, local teams, payments and compliance infrastructure — often years before the first wager. Acquiring an established, licensed business can compress that timeline dramatically. We help buyers do it well.
Market & target screening
A clear view of the competitive landscape in your target market: who holds licences, who has traction, and who may be open to a transaction. We shortlist realistic targets, not wish lists.
Discreet owner outreach
Many of the best opportunities are never formally for sale. We open conversations with owners directly and confidentially, using relationships built over years in the sector.
Negotiation to completion
Valuation, structuring, due-diligence coordination and negotiation — including the iGaming-specific points that decide these deals: licences, player databases, platform contracts and key-person risk.
Approach
A small firm,
by design.
Senior-led, start to finish
Every mandate is run by the people you first meet. No hand-offs, no junior coverage teams.
iGaming only
We speak the language of regulated markets, licensing, player economics and platform migrations — because it is all we do.
Discretion as standard
Transactions in this industry succeed quietly. We protect confidentiality at every stage, on both sides of the table.
One side of the table, always
We represent sellers and buyers, but never both in the same transaction. Your interests are the only ones we carry into the room.
Contact
Considering a transaction?
An initial conversation is always confidential and without obligation. Tell us where you are — we will tell you honestly what we see.
contact@eukalpiacapital.com