FansUnite Entertainment Inc. has agreed to sell its Betting Hero business to the Betting Hero co-founders Hero Group Corp. and GeoComply Solutions Inc. for approximately $51.5 million (US$37.5 million).

Stifel acted as exclusive financial advisor to FansUnite, and BDO acted as independent valuator and financial advisor to the Special Committee. DLA Piper (Canada) LLP and DLA Piper LLP are acting ‎as FansUnite's Canadian and United States legal counsel. ‎Laurel Hill Advisory Group is acting as FansUnite's Shareholder Communications Advisor. Stikeman Elliot LLP is acting as legal counsel to the Special Committee. Fenwick & West LLP is acting as the Betting Hero Co-Founders' legal counsel. Blake, Cassels & Graydon LLP and Morrison & Foerster LLP are acting ‎as GeoComply's Canadian and United States legal counsel.

DLA Piper Canada assisted FansUnite‎ with a team led by Denis Silva and Jamie Mandell and including Kevin Fritz, Ilia Danef, Ryan Black, Kaleigh Nevin and Patrick Webb. The Canadian team was supported by Andrew Ledbetter and Braden Penhoet of DLA Piper US.