EveryMatrix has announced an official 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 and the acceptance period for the offer is expected to commence on September 19^th, 2024 and expire on October 10th 2024.

EveryMatrix is a 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.

Fantasma Games is a games developer that 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 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.