Nik Robinson, CEO at Big Time Gaming, announced his excitement about the acquisition, hoping for the two providers’ exciting future. Similarly, Jens von Bahr, chairman at Evolution, added that BTG’s addition to the Evolution family would only strengthen its position on the market. He also expressed that the two cultures will fit perfectly together as both companies thrive towards the same goal.
As 70% of the payment will be made in cash, 30% will be paid out in shares. Big Time Gaming is expected to receive around £950,000 in shares (approximately 1,120,000 shares). This part of the transaction will be issued consequently at the completion of the first transaction.
Additional information
This news item is about game provider Evolution. You can get more information on this provider.
If you are interested in getting games of this provider on your casino site, please click the button below.
This is not the first time Evolution has acquired one of the biggest software providers in the industry as it previously acquired NetEnt — another Swedish giant.
