Founded in November 2023 by Ben Robinson, Corfai Capital acts as a specialist M&A advisory, it has facilitated various key sector deals since its inception including Better Collective’s €42m deal to acquire AceOdds in May.
Costello has spent 16 years in various high-level roles within the sector, including an almost two year stint as head of online marketing for Paddy Power between 2008 and 2009.
An experienced executive, Costello has also worked in roles across affiliates, igaming, fintech, and financial trading. This includes founding BonusFinder.com, an online portal for bonus offers, which Gambling.com Group acquired in February 2022.
Aside from this, Costello spent three years as a senior industry head for finance and egaming at Google and had a spell as global head of marketing at Saxo Bank. Today he is a co-host of The Gambling Files Podcast alongside Jon Bruford.
Costello pledges to bring ‘passion’ for growth to Corfai
Speaking about his new role, Costello said he will work with Corfai to “continue setting the standard” for igaming clients.
“Joining Corfai Capital at this exciting stage allows me to bring my passion for strategy, digital transformation and growth to a team dedicated to elevating its focus on value-drive deals across our industry,” Costello said.
“I look forward to leveraging my experience to help the team at Corfai expand their reach and continue setting the standard for clients across the igaming market.”
Robinson welcomed the appointment, noting Costello’s appointment will allow the advisory to support more clients on “transformative” deals.
“With Fintan joining, we are exceptionally well positioned to expand our capabilities and support clients through transformative deals.”
Corfai advising Game Lounge on Maneer Casino deal
Elsewhere, Corfai is serving as a sell-side advisor for affiliate business Game Lounge’s purchase of Meneer Casino’s operator Consultants B.V.
Game Lounge said the deal expands Game Lounge’s presence in the rapidly growing Dutch igaming market and strengthens its position in the global affiliate landscape.
Costello joins Corfai ahead of the deal going through. Robinson says of the deal: “Our role in the Meneer Casino acquisition exemplifies our mission to foster strategic partnerships and generate long-term value for our clients.”
“This transaction brings together two highly complementary businesses with a shared vision for innovation and excellence in the igaming affiliate sector.
“We believe this strategic partnership will create significant value for both companies and further solidify their positions as leaders in their respective markets,” he added.
Original article: https://igamingbusiness.com/people/people-moves/corfai-capital-costello-meneer-casino-game-lounge/
