Tekkorp Capital bolsters its expanded team with ex-William Hill Online chief as partner
Crispin Nieboer joins the investment firm following eight years with the operator
Tekkorp Capital has announced that it is adding a slew of new partners to its advisory arm.
Former CEO of William Hill Online, Crispin Nieboer, who headlines the recruitment drive, was also the global director of global M&A and delivered several high profile deals for the operator in the US including the $2.9bn (£2.19bn) sale of William Hill to Caesars Entertainment and the pending $3bn sale of William Hill’s non-US business to 888 Holdings.
Tekkorp Capital invests in and advises companies on M&As and JVs within the global gaming industry. The firm also provides consulting services across many areas, including market entry and growth strategy, product and technology diligence, media partnerships and vendor selection.
Tekkorp Capital also manages Tekkorp Digital Acquisition Corp. The NASDAQ-listed blank cheque company has recently been in talks to merge with Caliente Interactive in a deal rumoured to be valued at $2.5bn.
Following his move, Nieboer said: “The opportunity to join up with such an impressive group of people at Tekkorp Capital does not come along very often. As a team, we have advised or executed over $24bn of deals in the digital gambling sector to date.
“All of us have held CEO, MD or CFO roles at major digital operators, as well as having distinguished M&A backgrounds. This knowledge of what works from an operator standpoint in M&A is the real key difference between Tekkorp Capital and other advisory firms in our industry,” Nieboer added.
Tekkorp Capital also welcomed more partners, including media and gaming specialist Andy Clerkson. Clerkson has spent his career in US publishing before founding gambling tech firm Grand Parade, and he was also a strategic adviser to The Stars Group, William Hill and Flutter in the US.
The team also saw two new associate partners. Former PokerStars executive, Tarvi Randver, will provide strategic, operational advice to Tekkorp’s clients and portfolio. In addition, Roger Lu will lead Tekkorp’s cryptocurrency and blockchain initiatives.
Following the recruitment drive, founder and CEO of Tekkorp Capital, Matt Davey, commented: “Tekkorp Capital has been inundated with requests from multinational corporations through to innovators in the global digital gaming sector to provide strategic advice.
“We have now assembled a team with an unrivalled blend of M&A and operational leadership experience to ensure we can provide the best possible guidance on a range of complex issues facing executives in the sector today,” Davey concluded.