Key points:
- Apple iSports plans to acquire all operating assets of AmeriCrew, including existing contracts, in a cash and stock transaction
- The deal is expected to close in Q3 2025, pending shareholder and regulatory approvals
- AmeriCrew will continue to operate under its brand, led by CEO Kelley Dunne, with strategic oversight from Apple iSports
Apple iSports Group has signed a non-binding Letter of Intent to acquire the assets of AmeriCrew, a US-based technology infrastructure and managed services provider.
The proposed transaction, unanimously approved by both companies’ boards, is scheduled to close in the third quarter of 2025, pending customary regulatory and shareholder approvals.
Under the agreement, AmeriCrew will sell its operational assets and contracts to Apple iSports in exchange for a combination of cash and Apple iSports common stock.
While financial terms were not disclosed, the acquisition aims to enhance Apple iSports’ position in the digital infrastructure space as it continues to build a presence in the entertainment, media and iGaming sectors.
Good to know: AmeriCrew, which will retain its brand and leadership team, is expected to play a key role in Apple iSports’ strategy to improve high-speed connectivity and support content delivery
Kelley Dunne, CEO of AmeriCrew, stated: "The proposed acquisition of AmeriCrew by Apple iSports is the product of extensive dialogue between the parties and a rigorous assessment of numerous strategic alternatives for AmeriCrew.”
The announcement follows Apple iSports’ addition of investment banking veteran Lyndon Hsu to its Board of Directors. Hsu’s appointment, revealed in February, was part of a broader leadership expansion aimed at guiding the company’s capital-raising efforts and long-term ambitions, including a potential up-listing to the NASDAQ.
Apple iSports Core CEO Joe Martinez commented: Our combined strengths, unique service offerings, talented team and rapidly growing entertainment, media and gaming markets create strong potential for success.”
The companies indicated that the combined entity would focus on deploying enhanced tools for content creators and consumers, with potential applications in iGaming and other digital entertainment segments. Further details are expected following the signing of a definitive agreement.
