Tekkorp Capital Creates Advisory Arm: ex-William Hill Online Chief Crispin Nieboer Joins Expanded Team as Partner

  • Post published:April 4, 2022
  • Post category:News / iGaming

London, 4th April 2022 – Tekkorp Capital, the investment vehicle set up by gaming entrepreneur Matt Davey, has announced that it is adding a new advisory arm.

Tekkorp Capital will now provide strategic advice to the fast-growing global igaming, digital sports betting, and Web 3.0 ecosystems.

Tekkorp Capital has a powerful track record of investing in fast-growing and innovative companies, both public and private, and adding advisory services to businesses where the partners can make a material difference is the logical next step.

Tekkorp Capital’s recruitment drive is headlined by Crispin Nieboer, the former CEO of William Hill’s online gaming business and Group Director of Global M&A. While leading Corporate Development for William Hill, Nieboer helped deliver a string of deals in the US including the $2.9bn sale of William Hill PLC to Caesars Entertainment, and the pending $3bn sale of William Hill’s non-US business to 888 Holdings.

Crispin Nieboer commented: “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 on 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.”

Exemplifying Tekkorp Capital’s hands-on experience is its President, Robin Chhabra, whose past decade in the digital gaming landscape has seen him at the forefront of some of the sector’s era-defining deals. While serving as The Stars Group’s Chief Corporate Development Officer, he led the acquisition of Sky Betting and Gaming from CVC Capital Partners and Sky plc, Europe’s largest media company, in a transaction valued at $4.7 billion and TSG’s subsequent $12.2 billion merger with Flutter Entertainment. Tekkorp’s CFO Eric Matejevich is a veteran CFO/COO of multiple gaming companies including NYX, Atlantic Club, Resorts International and Cannery Casino Resorts and was latterly the Interim CEO for Ocean Casino Resort in Atlantic City, leading its successful turnaround effort.

Tekkorp Capital also welcomes as Partner the media and gaming specialist and entrepreneur, Andy Clerkson. Clerkson had an illustrious career in US publishing before founding gambling tech firm Grand Parade, and being engaged as strategic adviser to The Stars Group, William Hill and Flutter in the USA. The team is completed by two associate partners. Roger Lu, who leads Tekkorp’s Cryptocurrency and Blockchain initiatives, working with crypto entrepreneurs to scale their businesses. And former PokerStars executive, Tarvi Randver, who provides strategic operational advice to Tekkorp clients and portfolio companies.

“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,” said Matt Davey, the founder and CEO of Tekkorp Capital.

Tekkorp Capital also manages Tekkorp Digital Acquisition Corp. The NASDAQ-listed blank check company (or SPAC) seeks high growth businesses that will benefit from transformative expertise and access to the world’s largest public capital markets.

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