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Malta's EveryMatrix Software says takeover of Croatian peer Leapbit in seven-digit range

Author Annie Tsoneva
Malta's EveryMatrix Software says takeover of Croatian peer Leapbit in seven-digit range Mark Rubens/Shutterstock.com

ZAGREB (Croatia), June 28 (SeeNews) - Maltese iGaming technology provider EveryMatrix Software said the value of its recent acquisition of Croatian software developer of sports betting solutions Leapbit is in a seven-digit range.

“The acquisition is in the seven-digit range, correct,” Bianca Mathe, EveryMatrix's group communications manager, said in a statement to SeeNews on Monday confirming media reports.

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According to data from Croatia's court register of companies, on June 14, the court registered the Maltese company as the sole owner of Leapbit.

Leapbit's previous owners were individuals Bozo Kekez, Dario Filkovic, Mladen Andrasec and Zeljko Jovicic.

The merger will strengthen the group’s sports betting product OddsMatrix with an advanced and proven retail offering, EveryMatrix said in a statement on May 30. Through the new acquisition, EveryMatrix will elevate its online-first OddsMatrix platform to a true omnichannel iGaming solution. It will integrate Leapbit’s comprehensive retail-focused software solution and other products such as virtual horse racing and lottery games, the company said at the time.

Asked weather EveryMatrix is looking to other acquisitions in southeastern Europe, Mathe said that it is focused on integrating Leapbit and their stellar team into the existing business at the moment.

According to Croatian business magazine Lider, in 2021 its revenue grew to 11.8 million kuna ($1.7 million/1.6 million euro) from 10 million kuna in 2020.

(1 euro=7.530 Croatian kuna)

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