Acquisition of Gatherwell Limited by Jumbo Interactive Limited

Deal typeTransaction Services
Client name Jumbo Interactive Ltd

BDO has provided financial and tax due diligence services to Jumbo Interactive on it's acquisition of Gatherwell Limited.

Jumbo Interactive Limited,  Australian listed lottery provider, has entered the UK market through its acquisition of Gatherwell Limited. 

The acquisition will accelerate Jumbo's expansition of it's Software as Service business in the UK - an important step in buildingSaaS Powered By Jumbo business segment, and in achieving AUS$1 billion ticket sales through the Jumbo platform by 2022.

"It was a pleasure to work with a group of personable professionals who were focused on delivering an excellent service on time - and did!" 

David Todd, CFO, Jumbo Interactive Ltd



Gatherwell is a fully licensed External Lottery Manager with the UK Gambling Commission with a unique position focusing on a turnkey digital solution to local authorities and multi-society lotteries and promoting them under a single ‘branded lottery’ or ‘umbrella lottery'.