GAN inks €149m Coolbet acquisition as Q3 revenue rockets 86%

London-based supplier highlights turnkey integration and “significant revenue synergies” of deal

GAN has sealed a €149m (£133.6m) cash-plus-stock deal to acquire Malta-licensed Coolbet parent company Vincent Group. The purchase, which is subject to regulatory review and approval, is expected to complete in Q1 2021. GAN expects the acquisition to be “immediately accretive” to business as 175 Coolbet employees and more than 84,000 active customers transfer over.…

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