Sports bar wall of screens showing live matches in a dark room

Mandate profile

Sportsbook and betting technology buyer profile

Buyer profile: a strategic B2B gaming supplier acquiring betting technology businesses with live operator customers and proprietary trading or risk engines.

Odds and data providers, managed trading services, PAM and bet-builder vendors are all in scope.

Mandate profile

Why B2B suppliers consolidate betting technology.

Reference
AQ-0475
Sector
Media & gaming
Region
Global
Last reviewed

Operators want fewer, larger technology partners. That pressure is pushing strategic B2B gaming suppliers to buy specialist sportsbook technology, from odds feeds and trading tools to bet builders, risk engines and player account management, and fold it into one platform they can sell globally.

This profile covers B2B sportsbook platforms, pricing and trading engines, data and odds providers, risk and fraud tooling, and front-end betting products. Businesses with live operator contracts, certified in regulated markets and earning recurring licence or revenue-share fees, are the strongest fit.

The buyer typically keeps the engineering and trading teams and sells the product into its existing operator base. A specialist tool with a handful of tier-one operator clients can be worth far more inside a larger supplier than on its own.

Acquisition criteria

What this buyer is looking for.

The buyer is extending its sportsbook stack. Five factors shape the search.

  • Proprietary technology

    Trading models, odds compilation, risk or PAM technology your team built.

  • Live operator customers

    Licensed operators paying today under multi-year agreements.

  • Certification

    Approvals or certification in regulated markets that would take years to replicate.

  • Recurring revenue

    Licence, GGR share or SaaS fees that recur.

  • A strong team

    Traders, quants and engineers who want to keep building.

  • Close, but not an exact match? Tell us anyway.

    Share an overview

Target financial profile

The numbers this buyer type works to.

Typical ranges for this profile. Businesses outside a range are still assessed on their overall strength.

Revenue
US$2M–US$30M a year
Recurring share
Majority recurring licence or revenue share
Operator clients
Live contracts with regulated operators
Certification
Approved in one or more regulated markets
Typical valuation basis
Multiple of recurring revenue or EBITDA
Consideration
Cash plus retention for key engineers

Deal structure and terms

  • Structure

    Agreed per deal: full acquisition, majority stake or asset carve-out.

  • Retention

    Retention packages for engineering, trading and product leads.

  • Client contracts

    Change-of-control consents planned with each operator client.

  • Integration

    Product typically kept as a module within the wider platform.

What makes a relevant business

Technology operators run their books on.

What stands out is technology operators would struggle to replace.

All of these are welcome

  • Odds, data, trading or PAM
  • SaaS, licence or GGR share
  • Profitable or growing
  • Founder-led or VC-backed
  • Any country
  • Integration depth

    Deep integrations with operator platforms that are costly to switch.

  • Margin performance

    Evidence your models protect or grow operator hold.

  • Market coverage

    Breadth of sports, leagues and in-play markets.

  • Uptime record

    Reliable delivery through peak events.

Market drivers

What keeps demand strong in sportsbook and betting b2b technology.

  • Platform consolidation

    Operators want one supplier for the full betting stack.

  • Bet builders and micro-markets

    In-play and same-game products drive turnover growth.

  • New regulated markets

    Each new market needs certified, compliant technology.

Information to share initially

A short overview is all it takes to start.

A short overview is enough to start. You can stay anonymous, and nothing is shared without your agreement.

Useful to include

  • A short description of what the business does
  • Country or region
  • Approximate team size
  • Business model and main revenue lines
  • The types of customers you serve
  • A broad financial overview, with currency and period
  • What you are considering: a sale, partial sale or exploring options

Please keep back for now

  • Customer names or identities
  • Confidential contract terms or pricing
  • Personal data about staff or customers
  • Sensitive documents or attachments

Anything more detailed is shared later, only once you have agreed what can be disclosed.

How it works

You decide what is shared, and when.

Nothing goes to any buyer automatically. Every step after the first happens only if there is potential fit and you are comfortable going further.

  1. 1

    Share an overview

    Send a short, non-confidential summary using the form. Anonymous is fine at this stage.

  2. 2

    Acquiry reviews fit

    We compare it with this profile and the buyers we work with, and tell you plainly whether there is a match, usually with a few questions.

  3. 3

    Agree what can be disclosed

    If there is potential fit, we agree with you what can be shared, and with whom, before anything moves.

  4. 4

    Detailed discussions

    Deeper conversations progress under confidentiality arrangements put in place for that discussion.

Submit an opportunity

Think your business could fit AQ-0475?

Tell us a little about it. A short, non-confidential overview is enough, and you can leave the company name out. We review every submission ourselves and reply directly.

AQ-0475 is a mandate profile, not a named buyer. We match your overview against the buyers we work with and tell you honestly whether there is a fit.

  • Reviewed by Acquiry, never sent to any buyer automatically
  • Anonymous overviews welcome
  • Owners and advisers both welcome
Your role

What you build, for whom, and your business model. No customer names needed.

Customer types

Broad figures are fine. Please include the currency and period, e.g. revenue for FY2025 in USD.

A full sale, a partial sale, or simply exploring options.

Your overview goes to the Acquiry team only, via our secure form provider. It is never forwarded to any buyerwithout your agreement. By submitting you agree to our Terms of Service.

FAQ

Before you send anything.

What does this mandate profile describe?

It sets out what a strategic b2b gaming supplier looks for in an acquisition: the target profile, deal size, structure and regions shown above.

What is Acquiry’s role?

Acquiry works on the buy side. Profiles like this one set out the criteria acquirers in this segment use to assess targets.

Does the business need US certification?

No. Certification in any regulated market is valuable; US approvals are a plus.

Will the team be retained?

The buyer is acquiring capability, so retaining key people is central to every deal.

Are data and odds providers in scope?

Yes. Pricing, data feeds and trading tools fit alongside full sportsbook platforms.

Does a single large client fit?

Yes, where the contract is long-term and the product can be sold to more operators.

Is esports betting technology considered?

Yes, especially where it runs in regulated markets.