Acquiring Company
Kindred Group
Acquired Company
Relax Gaming
St. Julian'sGamingGamblingGambling Facilities and CasinosDescription
Kindred Group announced on 2 July 2021 that it had entered into an agreement to acquire the remaining 66.6 per cent of the outstanding shares in Relax Gaming. Relax Gaming is a market leading B2B iGaming software supplier that designs and develops online casino games, supported by an open distribution platform for third party aggregation as well as proprietary poker and bingo products. Relax Gaming was founded in 2010 and has today c. 240 full-time employees with four main hubs in Malta, Estonia, Sweden and Serbia. Kindred has been invested in Relax Gaming since 2013 and was prior to the transaction the largest owner with 33.4 per cent of the outstanding shares.
Quick answer
Kindred Group is acquiring Relax Gaming, announced October 1, 2021.
- How much did Kindred Group pay for Relax Gaming?
- The deal value was not disclosed.
- What does Kindred Group do?
- Kindred Group plc. (Kindred) is a gaming company based in Stockholm, Sweden.
- Where are Kindred Group and Relax Gaming based?
- Relax Gaming is based in St. Julian's, Central Region, Malta.
- Who are the decision-makers at Kindred Group?
- Fundz holds 3 contacts at Kindred Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Kindred Group, and when
When Kindred Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Kindred Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Kindred Group, from your own LinkedIn network
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Fundz sees it the moment Kindred Group makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Relax Gaming?
Relax Gaming was acquired by Kindred Group. The deal was reported on October 1, 2021. Kindred Group plc. (Kindred) is a gaming company based in Stockholm, Sweden. Kindred offers a wide range of online gaming products, such as casino, poker, and sports betting. Kindred Group is privately held and operates in Gaming.
When did Kindred Group acquire Relax Gaming?
Kindred Group's acquisition of Relax Gaming was reported on October 1, 2021. Kindred Group announced on 2 July 2021 that it had entered into an agreement to acquire the remaining 66.6 per cent of the outstanding shares in Relax Gaming. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Relax Gaming do?
Relax Gaming Group was founded in 2010 with the goal of simplifying B2B content delivery for the modern iGaming landscape. It is privately held, and is based in St. Julian's.
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