EveryMatrix submits formal bid to acquire Fantasma Games
Wednesday, September 18th, 2024, Malta EveryMatrix has announced a recommended public offer to acquire all shares in Fantasma Games AB for SEK 59 (€5.21) in cash per share with a total cash consideration of SEK 209.8 million (€18.5m).
Shares in Fantasma Games AB are listed on Nasdaq First North Growth Market Sweden.
The acceptance period for the offer is expected to commence on September 19th 2024 and expire on October 10th 2024.
EveryMatrix is a highly successful global B2B iGaming software provider driven by core products including its proprietary casino platform CasinoEngine that generates record revenues for its customers.
The purchase would significantly strengthen EveryMatrix’s games output with the immediate addition of well-known titles that are integrated with more than 250 operators and played by millions of players across 50 countries.
EveryMatrix is the world’s largest games aggregator via its SlotMatrix aggregation platform with more than 29,000 games across 330+ third-party studios in addition to its own in-house games development within Armadillo Studios.
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Fantasma Games is a highly respected game developer with a strong management team and well-established games production and distribution. Fantasma has undergone very strong development and recorded EBITDA of €395k for Q2, a profit margin of 36%. The proposed transaction would strengthen the EveryMatrix games division with strong synergies between both companies.
More than 50% of the Fantasma Games shareholders have signed binding agreements to sell their shares. The bid is conditional on at least 90% of shareholders accepting the offer.
EveryMatrix will issue a further update upon the conclusion of the process.
For more information go to: https://everymatrix.com/everymatrix-submits-formal-bid-to-acquire-fantasma-games/
About EveryMatrix
EveryMatrix delivers iGaming software, solutions, content and services for casino, sports betting, payments, and affiliate management to global Tier 1 operators as well as to newer brands. The platform is highly modular, scalable, and compliant, allowing operators to choose the optimal EveryMatrix solution and combine with third-party and in-house technology and capabilities.
EveryMatrix empowers clients to unleash bold ideas and deliver outstanding player experiences in regulated markets. The company has 1,000 employees across 13 countries and serves 300+ customers worldwide, including the regulated U.S. market.
EveryMatrix is a member of the World Lottery Association (WLA) and European Lotteries Association. In September 2023 it became the first iGaming supplier to receive WLA Safer Gambling Certification.
EveryMatrix is proud of its commitment to safer gambling and player protection whilst producing market leading gaming solutions.
Learn more at www.everymatrix.com
For more information, please write to: media@everymatrix.com
