Financial adviser to the seller

SCF Advisers assists Danske Spil in the divestment of its 60% shareholding in Swush.com (Holdet.dk and Lynholdet.dk) to Ekstra Bladet

Swush is a Scandinavian fantasy sports game provider operating the platforms Holdet.dk and Lynholdet.dk. The company holds a market-leading position in the Danish market with approximately 190,000 active users on Holdet.dk in 2022.

Ekstra Bladet acquires 60% of the shares in Swush from Danske Licens Spil, a company 100% owned by Danske Spil. The founders of Swush hold the remaining 40%.

SCF Advisers acted as financial adviser to Danske Licens Spil in the transaction.

Transaction type:

M&A

Buyer:

Ekstra Bladet

Seller:

Danske Spil

Role:

Financial adviser to the seller

Year:

2024

Transaction value:

Not disclosed

Industry:

TMT