Tekkorp Capital, the investment vehicle founded by gaming entrepreneur Matt Davey, has added former William Hill US Chief Financial Officer, Mark McMillan, to its advisory team as a Partner, consolidating the strength of its industry-leading team.
McMillan brings over 20 years of experience in corporate finance and strategy to bear at the Company. Having worked in investment banking, he joined William Hill in its M& A team and latterly as CFO for its US business, overseeing its transition through the repeal of PASPA and its development into a national sports betting leader, resulting in its eventual sale to Caesars Entertainment.
McMillan joins an illustrious team of seasoned executives in the online gaming industry. The group has held a host of C-Suite roles, including CEO, MD, CFO, COO and CMO, alongside cultivating a distinguished M&A reputation which has, in aggregate, completed over $24bn of deals. The team includes Crispin Nieboer, former William Hill Online MD, Andy Clerkson, US media and gaming specialist, and Steve Schrier, ex-CCO of SG Digital.
Commenting on his appointment, McMillan said: “I’m thrilled to be joining Tekkorp Capital. As part of a multi-faceted team, I will assist my fellow partners in delivering strategic and value-additive solutions for our clients at this exciting time for the iGaming sector. Tekkorp has expanded rapidly and I am excited to be a part of its development.”
Elsewhere, President Robin Chhabra has been promoted to CEO of the group, with Matt Davey moving to the Chairman role.
Chhabra, Tekkorp Capital CEO, commented: “We’re delighted to have added another Tekkorp Capital partner as well-respected as Mark. Collectively, our team has led many business transformations, as well as executing a number of the most significant merger and acquisition transactions in the sector. Our combined history as hands-on operators represents our core strength and differentiator, allowing us to solve our clients’ critical strategic issues and help them create value.”
Davey, founder and Chairman of Tekkorp Capital, added: “Tekkorp Capital has grown rapidly over the last couple of years. Robin Chhabra has done an incredible job in not only building the team but also setting the standard for M& A across the industry. I couldn’t be more pleased to have Mark join our world-class team.”