Allwyn International AG / SidePrize LLC (PrizePicks)
Completed · As at · Announced
Transaction
- Buyer
- Allwyn International AG
- Target
- SidePrize LLC (PrizePicks)
- Stake
- 62.3% · Allwyn International AG
- Consideration
- $1.504bn initial cash for 62.3% + up to $1bn earn-out · Allwyn International AG, Allwyn AG
Amounts differ across announcement, closing release and later Q1 results; preserve all versions and show the source/date for the selected amount. · Allwyn International AG, Allwyn International AG, Allwyn International AG
No valuation multiple inferred from the stake price. · Allwyn International AG, Allwyn International AG, Allwyn International AG
The Q1 presentation caps the additional performance earn-out at $1bn, potentially payable in 2029 and contingent on the 2026–28 adjusted EBITDA trajectory. The numeric stake consideration excludes this contingent maximum. · Allwyn AG
Timeline
- · Completed · Allwyn International AG
- · Announced · Allwyn International AG
Sources
- Allwyn International AG: Allwyn agrees to acquire majority stake in PrizePicks ·
- Allwyn International AG: Allwyn completes PrizePicks majority acquisition ·
- Allwyn International AG: Allwyn Q1 2026 preliminary results ·
- Allwyn AG: Allwyn Q1 2026 results presentation: PrizePicks terms ·
Latest source: