.
MergerLinks Header Logo

New Deal


Announced

Completed

Kindred Group completed the acquisition of the remaining 66.7% stake in Relax Gaming for $247m.

Synopsis

Kindred Group, an online gambling operator, completed the acquisition of the remaining 66.7% stake in Relax Gaming, a B2B iGaming software supplier, for $247m. "Through this acquisition we add a rapidly growing and profitable B2B business with a world-class product portfolio, giving us greater control over our casino, poker and bingo offering, putting Kindred in a significantly better position to achieve our long-term strategy to increase our focus on product differentiation and customer experience," Henrik Tjärnström, Kindred Group CEO.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US