EveryMatrix has secured over 95% shareholder approval for its proposed SEK 209.8m (€18.5m) acquisition offer for Fantasma Games. This milestone marks a pivotal moment for both companies as EveryMatrix continues to expand its gaming content portfolio and strengthen its foothold in the North American market. The high approval rate underscores the confidence shareholders have in the strategic benefits of this acquisition.

EveryMatrix Secures Shareholder Approval for SEK 209.8m Acquisition of Fantasma Games

Shareholder Approval Reaches 95.2%

Following the initial announcement of the acquisition offer last month, EveryMatrix set a condition that at least 90% of Fantasma Games’ shareholders must approve the deal for it to proceed. This week’s update revealed that 95.2% of shareholders have accepted the offer, effectively green-lighting the acquisition. The impressive approval rate highlights the alignment between EveryMatrix and Fantasma Games, as both entities aim for mutual growth in the competitive iGaming space.

Strategic Synergies and Market Expansion

This acquisition comes at a time when EveryMatrix is seeking to broaden its reach, particularly in the North American market. The acquisition of Fantasma Games is expected to significantly enhance EveryMatrix’s content portfolio, particularly by leveraging Fantasma’s innovative game design and development capabilities. With Fantasma Games’ reputation for creating high-performance and immersive gaming experiences, this deal opens the door for EveryMatrix to offer a more diverse range of games to its clients, including some of the largest operators in the iGaming industry.

EveryMatrix Group CEO and Co-Founder, Ebbe Groes, expressed his enthusiasm about the acquisition, stating: “We’re delighted to announce that this acquisition will proceed. It is another M&A deal fully funded from our own cash flow and made possible due to our rapid organic growth. We see big synergies and opportunities!”

Groes also emphasized the strength of Fantasma’s games in terms of performance and player experience, praising the company’s ability to consistently generate impressive financial results. The acquisition is viewed as a strategic move that will provide EveryMatrix with access to Fantasma’s skilled management team and innovative approach to game development.

Strengthening EveryMatrix’s Presence in North America

EveryMatrix’s expansion into the North American market has been a major focus in recent years. The company has taken significant steps to establish itself in the region, with notable partnerships and regulatory approvals. Earlier this year, EveryMatrix went live in Michigan and New Jersey, two key regulated markets in the United States, through a partnership with Golden Nugget. These developments have laid the groundwork for further expansion as the company capitalizes on the growing demand for iGaming solutions in North America.

Additionally, EveryMatrix’s decision to join the Mexican Association for Permit Holders, Operators, and Suppliers further solidifies its presence in the Latin American market, which is another region experiencing substantial growth in the online gambling sector. This acquisition of Fantasma Games will allow EveryMatrix to introduce more innovative content into these burgeoning markets, positioning itself as a leading supplier of premium iGaming solutions.

Fantasma Games’ Impact on the Acquisition

Fantasma Games has built a strong reputation for delivering innovative, visually appealing, and high-performance games. The company’s unique ability to create content that resonates with players globally has attracted some of the world’s leading iGaming operators. As EveryMatrix integrates Fantasma Games into its platform, the supplier will gain access to a robust portfolio of proprietary games that have already demonstrated their effectiveness in driving player engagement and delivering superior financial returns.

Fantasma’s games are highly regarded for their creative design and immersive gameplay, making them a valuable asset for EveryMatrix as it seeks to diversify its gaming offerings. By bringing these games into the fold, EveryMatrix will be able to provide its clients with a more comprehensive selection of content, thereby strengthening its competitive position in the market.

A Fully Funded Acquisition Driven by Organic Growth

One of the standout aspects of this deal is that it is fully funded from EveryMatrix’s own cash flow, reflecting the company’s strong financial position. EveryMatrix has seen rapid organic growth in recent years, allowing it to pursue strategic acquisitions without relying on external financing. This self-funded approach not only highlights EveryMatrix’s financial health but also demonstrates its ability to reinvest in opportunities that drive long-term value creation.

Groes’s statement about the acquisition being “fully funded from our own cash flow” reinforces the notion that EveryMatrix’s success is built on a sustainable business model, one that prioritizes growth through internal resources and strategic acquisitions. This approach has enabled the company to remain agile in a dynamic and highly competitive industry.

Looking Ahead: Future Opportunities

The successful acquisition of Fantasma Games is just the latest in a series of strategic moves by EveryMatrix as it continues to scale its operations and enhance its market presence. The company has been focused on expanding its product offerings, improving client relationships, and exploring new opportunities in regulated markets around the world.

By integrating Fantasma’s cutting-edge games into its platform, EveryMatrix will be better positioned to meet the evolving needs of its clients and adapt to the rapidly changing landscape of the iGaming industry. The synergies between the two companies are expected to unlock new opportunities for innovation and growth, particularly in North America and other emerging markets.

The acquisition also underscores EveryMatrix’s commitment to delivering high-quality gaming content that meets the demands of operators and players alike. With a strong portfolio of games and a growing presence in key markets, EveryMatrix is poised to continue its upward trajectory as a leading supplier in the global iGaming industry.

FAQs About EveryMatrix’s Acquisition of Fantasma Games

1. What is the value of EveryMatrix’s acquisition of Fantasma Games?

EveryMatrix’s acquisition offer for Fantasma Games is valued at SEK 209.8 million (€18.5 million).

2. How much shareholder approval was needed for the acquisition to proceed?

The acquisition required approval from at least 90% of Fantasma Games’ shareholders to move forward.

3. How much of the shareholder vote did EveryMatrix receive in favor of the acquisition?

EveryMatrix received approval from 95.2% of Fantasma Games’ shareholders, surpassing the required threshold.

4. What benefits will this acquisition bring to EveryMatrix?

The acquisition will strengthen EveryMatrix’s gaming content portfolio, provide access to Fantasma Games’ high-performing titles, and enhance its market presence in North America, which is a key growth region for the company.

5. How is this acquisition funded?

This acquisition is fully funded from EveryMatrix’s own cash flow, made possible by the company’s rapid organic growth.

6. Why is Fantasma Games a valuable asset for EveryMatrix?

Fantasma Games is known for its high-quality, innovative games that are widely recognized by leading iGaming operators. Its games are appreciated for their performance and player experience, making them a strategic addition to EveryMatrix’s offering.

7. What markets does EveryMatrix aim to target with this acquisition?

EveryMatrix is particularly focused on expanding in North America, where it has already launched in Michigan and New Jersey. The company is also increasing its presence in Latin America, following its membership in the Mexican Association for Permit Holders, Operators, and Suppliers.

8. How will this acquisition impact EveryMatrix’s business?

The acquisition will provide new synergies, enhance the company’s gaming content, and strengthen its competitive position in the global iGaming market. EveryMatrix expects to gain greater access to premium game content and further grow its market share.

9. What other steps has EveryMatrix taken to expand in North America?

In addition to this acquisition, EveryMatrix has gone live in Michigan and New Jersey through a partnership with Golden Nugget. The company is actively working to grow its presence in regulated North American markets.

10. What does EveryMatrix CEO Ebbe Groes say about the acquisition?

Ebbe Groes expressed delight, highlighting that the acquisition is fully funded through the company’s own growth and that they see “big synergies and opportunities” with Fantasma Games. He also praised Fantasma’s impressive game production and financial results.