Bulboaca & Asociatii has advised Superbet Group on a EUR 1.3 billion investment from American investment funds Blackstone and HPS Investment Partners.
According to Bulboaca & Asociatii, founded in 2008 by entrepreneur Sacha Dragic, Superbet is advancing its position in the international entertainment and technology markets. The deal further strengthens Superbet’s relationship with Blackstone— which acquired a minority stake for EUR 175 million in 2019— while introducing HPS Investment Partners as a new strategic investor.
Editor’s Note: After this article was published, Bulboaca & Asociatii informed CEE Legal Matters that its team included Managing Partner Adrian-Catalin Bulboaca, Deputy Managing Partner Catalin Petrea, and Partner Mariana Signeanu.
Herzog Fox & Neeman, Sidley Austin, and Loyens & Loeff Luxembourg reportedly advised Superbet Group as well. Simpson Thacher & Bartlett reportedly advised Blackstone. Milbank reportedly advised HPS Investment Partners.
