Playtech acquires Quickspin for up to £38m

>London-listed supplier says bolt-on acquisition will boost Nordic market penetration

Playtech has acquired Swedish games studio Quickspin for a "maximum consideration" of ?50m (?38.3m), the firm announced this morning. An initial payment of ?24m (?18.4m) for 100% of Quickspin shares will be made up front, with the remaining ?26m (?19.9m) payable depending on Quickspin's EBITDA in 2017 and 2018. Slots provider Quickspin generated revenue of…

Acquisition | Bolt On | Casino | Casino | M&A | Nordics | Playtech | Quickspin | Slots | Sweden