H.I.G. Growth Partners Sells Telescope to Bally’s Corporation
Bally's Corporation (BALY)
Company Research
Source: Business Wire
CHICAGO--(BUSINESS WIRE)--H.I.G. Growth Partners (“H.I.G.”), the dedicated growth capital investment affiliate of H.I.G. Capital, is pleased to announce the sale of its portfolio company, Telescope Inc., the leading provider of real-time fan engagement solutions for live events, gamified second screen experiences and interactive livestreams, to Bally’s Corporation (NYSE: BALY).Telescope’s first-in-class products and services will amplify the Bally’s Interactive, Bally Bet and Bally Sports brands, enabling viewers and players to have an integrated experience that allows them to engage on a multitude of platforms and channels, including online and offline. By delivering customized and interactive content, as well as deeply engaging social experiences, Telescope will connect with Bally’s customers in innovative ways, providing opportunities for Bally’s to attract a younger demographic and augment its loyal customer base. In addition, Telescope provides industry-leading voting solutio
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News
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- Bally's Co. (NYSE: BALY) had its price target lowered by analysts at Stifel Nicolaus from $13.00 to $11.00. They now have a "hold" rating on the stock.MarketBeat
- Ballys Corp (BALY) Reports Growth Amidst Challenges in Q4 and Full Year 2023 Earnings [Yahoo! Finance]Yahoo! Finance
- Bally’s Corporation Announces Fourth Quarter and Full Year 2023 ResultsBusiness Wire
- Bally’s to Report Fourth Quarter 2023 Results on February 21, 2024Business Wire
BALY
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- 2/21/24 - Miss
BALY
Sec Filings
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- BALY's page on the SEC website