Corporate finance & strategy · Online gambling and adjacent markets

Senior, hands-on advice from someone who has run the business and done the deals.

Orange Capital Advisers is the independent practice of Crispin Nieboer, former CEO of William Hill Online and Group Director of Corporate Development at William Hill PLC. I advise boards, founders and investors on M&A, partnerships, funding strategy and growth, and I do the work myself.

Crispin Nieboer, Orange Capital Advisers
25+ yrsacross operations, corporate development and M&A
c.$10bnof transactions led or advised on, in-house or as adviser
£620mrevenue online business run as CEO, 1,800 staff
4×investor return on my own gaming media start-up

Services

Mandates where judgement and sector access matter more than headcount

Engagements are scoped to the decision in front of you, from a single board paper to a full transaction.

Sell-side & buy-side M&A

Exit readiness, buyer and target mapping, valuation, negotiation and deal management through to completion.

JVs & strategic partnerships

Market-access deals, media and brand partnerships, B2B supply agreements and their commercial terms.

Investor readiness & introductions

Equity story, business plan and board materials, and introductions across my industry network. Regulated aspects of any fundraise are handled by appropriately authorised firms.

Code, IP & platform deals

Source-code licences, ownership transfers and build-versus-buy decisions for PAM, sportsbook and content platforms.

Vendor selection

Platform, payments, data and content supplier selection, with migration risk assessed from an operator's seat.

Turnaround & board strategy

Diagnostics, transformation plans and board-level strategy work for public and private companies.

Recent Orange Capital Advisers engagements include a JV for a multi-billion-dollar US-quoted global gambling operator to enter the social casino space, advising the board of a UK-listed European omni-channel operator on its global expansion strategy, and entry into the ADW slots market for a leading investor group in the global gambling space.

Sectors

Online gambling, and the categories growing up around it

Core

Online gambling

  • Online sports betting
  • Online casino
  • Lottery & lottery technology
  • B2B platforms & content
  • Gaming media & TV formats

Adjacent

Categories growing up around it

  • Social & sweepstakes casino
  • Digital collectibles & online card rips
  • Payments

Adjacent categories borrow gambling's mechanics, payments and regulatory questions. Clients there benefit from someone who knows how operators, regulators and acquirers will look at them.

Operator credibility

I have sat on your side of the table

−11% → +13% revenue growth

Turnaround

Led the recovery of William Hill Online through a 180-project transformation, adding £32m of organic profit in two and a half years.

£1.75m raised · 4 offices

Founder

Built Gaming Media Group and The Poker Channel from start-up to exit. The Poker Channel became the world's largest TV channel dedicated to gambling, reaching 70m+ homes across Europe through 50+ satellite and cable platforms. Proprietary CRM technology was resold to 10+ operators. Delivered a 4× return to investors.

Rothschild · ITV · Sky

Corporate finance

Trained in TMT advisory at Rothschild, then managed investment portfolios at Granada/ITV and BSkyB, and ran M&A and corporate development at William Hill PLC.

How I work

A small practice by design

Senior from start to finish

The person you meet is the person who builds the model, writes the paper and sits in the negotiation.

Operator's judgement

Advice tested against how platforms, product, marketing and payments work in practice.

Specialist bench when needed

Larger mandates draw on trusted partners for technical due diligence, legal, tax and regulatory work.

Conflicts checked first

Every enquiry is checked for conflicts before an engagement is agreed, and handled in confidence.

Crispin Nieboer

About

Crispin Nieboer

Crispin has spent 25 years in online gambling, digital media and corporate finance. He was CEO of William Hill's global online business and then Group Director of Corporate Development and Strategy, leading its US market-access joint venture, the acquisition of Mr Green and the sales of the group to Caesars and of William Hill Europe to 888.

Before William Hill he founded Gaming Media Group and The Poker Channel, and earlier worked in corporate development at BSkyB and Granada/ITV and in corporate finance at N M Rothschild & Sons. He is a former non-executive director of NeoGames and holds an MA (Hons) in History from the University of Edinburgh.

Crispin is also a Partner at Tekkorp Capital. Orange Capital Advisers is his independent practice and is separate from Tekkorp.

Contact

Discussions are confidential and without obligation.

Emailcrispin@orangecap.co.uk
LinkedInlinkedin.com/in/crispinnieboer
BasedLondon