Famous B2BiGaming software provider EveryMatrix has made an open offer to acquire all shares of Fantasma Games AB, a Swedish-based online casino game developer. Set at 59 cm per share, the offer brings total cash to SEK 20.8 million, reflecting EveryMatrix’s game output and strategic move to strengthen its market position.

Acquisition Details and Market Impact:

The acquisition offer is now expected to integrate with more than 250 operators, adding well-known titles that can be enjoyed by millions of players in 50 countries, significantly enhancing EveryMatrix’s offering portfolio. Fantasma Games is recognized for its strong management team and strong game-making capabilities. The acquisition is expected to combine the strengths of both companies to create significant synergies.

EveryMatrix serves as the world’s largest game aggregator through its own development within the slotmatrix platform and armadillo studio, which hosts over 29,000 games in over 330 third-party studios. With the addition of Fantasma’s service, EveryMatrix further solidifies its position as a leader in iGaming.

Shareholder and Market Reaction:

More than 50% of Pantasma Games shareholders have already signed binding agreements to sell their shares. However, the success or failure of the bid will depend on securing at least 90% shareholder acceptance. As reported by EveryMatrix, the acceptance period of the offer is scheduled from September 19, 2024 to October 10, 2024, and EveryMatrix reserves the right to extend it if necessary. 바카라사이트 추천

An official press release from Pantasma provides insight into the offer. The price of Pantasma is 21.4% premium to Pantasma’s stock closing price on September 17, 2024, the last trading day before the announcement. It also reflects 27.7% premium over the 30-day volume weighted average price and 33.4% premium over the 90-day average price, highlighting the value EveryMatrix puts on Pantasma’s assets and market potential.

The acquisition is part of EveryMatrix’s broader strategy to expand content delivery and market reach. Previously, EveryMatrix has expanded its iGaming platform, CasinoEngine, through partnerships with studios such as Peter & Sons, to offer a range of titles.

Fantasma’s independent bidding committee, comprising directors Antonia Svensson, Johan Styren and Johan Keninglen, advised shareholders to accept the offer. The recommendation is backed by a fairness opinion from Svalner Skart and Transactional KB, confirming the financial health of the offer.

Frederick Johansson, who owns a 50.79% stake in Pantasma, and KL Capital AB and other key shareholders have agreed to accept the offer on terms if certain conditions are met. The completion of the acquisition is subject to regulatory authorities’ approval and other customary conditions.

EveryMatrix’s aggressive approach to acquiring Fantasma Games highlights its efforts to strengthen its technology capabilities and service offerings in the iGaming segment, and promises to provide a more diversified and robust platform for both players and operators worldwide.