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Aspire Global Plc has finalised the acquisition of B2B group Pariplay for €13.1 million.
Following the anticipated approval by the authorities, the transaction has now been closed according to the initial conditions and the Pariplay group has been consolidated under Aspire Global’s financial statements.
The acquisition of Pariplay allows Aspire Global to control yet another crucial part of the iGaming value chain – creating synergies, broadening the game portfolio and providing a channel to distribute and sell propriety games outside Aspire Global’s partner network. The transaction is expected to have a positive effect on the company’s EBITDA as of 2020.
“We are excited to welcome the Pariplay team to Aspire Global. The acquisition of Pariplay is in line with our M&A-strategy focusing on B2B-growth and external game sales. The integration of Pariplay grants us control of yet another crucial part of the iGaming value chain – cutting costs, broadening the game portfolio and providing a channel to sell and distribute propriety games outside Aspire Global network. Moreover, Pariplay holds an iGaming license for New Jersey, which could act as the spearhead of our future efforts to enter the US market,” Tsachi Maimon, CEO of Aspire Global said.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Aspire Global Completes Acquisition of Pariplay
