GAN completed the acquisition of Vincent Group for €149m.

GAN, a business-to-business supplier of internet gambling software-as-a-service solutions, completed the acquisition of Vincent Group, an owner of the Coolbet sports focused brand, for €149m ($176m). “The completion of the Coolbet acquisition brings together two best-in-class offerings in the iGaming space today, and makes a powerful combination by creating a fully-integrated offering, customizable for each client’s needs. We have already started to welcome the Coolbet team of over 175 employees and engineering talent to our organization and expect the integration process to be seamless. Over the last few weeks, the GAN and Coolbet teams have spent significant time together outlining our exciting future and have grown even more confident in the numerous revenue synergies that we see across both platforms. We look forward to leveraging one of the most complete solutions in our industry both domestically and internationally, and believe our growth platform is well positioned to drive long-term shareholder value,” Dermot S. Smurfit, GAN CEO.