 |
Gasthalter & Co. is handling the merger of Rush Street Interactive, online casino company, and dMY Technology Group, publicly traded special purpose acquisition company.
The deal makes RSI a New York Stock Exchange-listed company with an initial valuation of $1.8B and projected fiscal 2021 revenues of $320M.
Founded in 2012 by gaming veterans Neil Bluhm, Greg Carlin and Richard Schwartz, RSI operates gaming sites in Illinois, Pennsylvania, New Jersey, Indiana and Colorado.
“RSI has achieved leading online casino and sportsbook market positions by focusing on what players want—a high-quality product, helpful customer services, transparency and honesty,” said Schwartz. “This transaction will help enhance and broaden our product offering and attract more players.”
G&C’s Jonathan Gasthalter, Carissa Felger and Nathaniel Garnick are working the RSI deal.
Prosek handles GTCR’s announcement of the $24B sale of Worldpay, payments technology company, to Global Payments.
C Street Advisory Group handles the Chapter 11 of Publishers Clearing House as the home of the iconic “prize patrol” sheds its direct mail and magazine subscription businesses.
C Street Advisory Group handles Hooters of America as it declares Chapter 11 to pave way for a buyout led by founders of the casual dining chain.
Joele Frank works for Rocket Companies, fintech platform, that is acquiring Mr. Cooper Group, the No. 1 mortgage services provider, in a $9.4B equity deal. 
Reevemark is working the Chapter 11 filing of 23andMe, the former high-flying ancestry testing kit company that failed to rebound from a 2023 data breach that exposed the personal information of nearly 7M customers.
Have a comment? Send it to
No comments have been submitted for this story yet.