Churchill Downs Incorporated Acquires Exacta Systems
December 19, 2022
Churchill Downs Incorporated announced a definitive agreement to acquire Exacta Systems, a provider of historical horse racing (HHR) technology, for $250 million in cash. The asset purchase is intended to deliver tax benefits and operational synergies with CDI’s existing racetrack and HHR operations, and is expected to close in 2023 pending regulatory approvals.
- Buyers
- Churchill Downs Incorporated
- Targets
- Exacta Systems, LLC
- Industry
- Software
- Location
- Florida, United States
- Transaction Type
- Buyout
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