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New Deal


Announced

Completed

OpenBet led a funding round in Konectify.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Software

Minority

United States

Friendly

digital solutions

Acquisition

Domestic

Private Equity

Completed

Venture Capital

asset management

Single Bidder

Synopsis

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OpenBet, a provider of sportsbook technology, content and services, led a funding round in Konectify, a compliance software and advisory company, with participation from, Acies Investments and the Eastern Band of the Cherokee Indians. Financial terms were not disclosed. "We are excited to partner with such seasoned strategic investors from inside gaming including suppliers and operators with deep expertise like OpenBet, Acies Investments, and EBCI. This investment will accelerate our mission to provide an all-in-one solution for gaming risk management," Joseph Martin, Kinectify CEO.

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