News Wiggin advises the shareholders of Shape Games on its sale to Kambi

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Sam Martin Legal Director Email Sam

We’re delighted to have advised the shareholders of Shape Games, a leading gambling industry front end technology specialist, to Kambi Group plc, the listed sports betting supplier for an upfront consideration of €38.5 million. The acquisition also includes a performance-related earnout of up to €39.6 million, potentially bringing the total consideration to €78.1 million, all to be paid in cash.

Not only does Shape Games provide a best-in-class front end, but its complementary customer engagement capabilities, which include personalisation, loyalty, statistics, and free-to-play games, provides the ability for gambling operators to drive incremental growth and revenue.

The Wiggin team was led by David McLeish and assisted principally by Sam Martin, Michael Maccabe and Sue Crawford.

You can find out more about the deal here.

Wiggin’s corporate practice has been involved in many of the most significant deals in the online gambling sector in recent years. The firm’s award-winning betting & gaming team advises leading sector stakeholders on commercial and regulatory mandates on both UK and international matters.