Completed in full cash, EveryMatrix has acquired FSB Technology, a top supplier of turnkey and specialized sportsbook technology. This acquisition is expected to strengthen EveryMatrix’s odds feeds business and support its OddsMatrix sportsbook platform. Immediate benefits and cross-functional synergies are promised.
The goal of EveryMatrix’s portfolio integration of FSB Technology is to increase the company’s presence in important areas like Africa, Ireland, and the United Kingdom. EveryMatrix hopes to provide its global clients with improved services and products by utilizing FSB’s strong technological solutions, which include a well-known horse racing product.
Leadership and Industry Recognition
Founded in 2007 by Sam Lawrence and David McDowell and headquartered in London, FSB Technology has earned acclaim for its innovative solutions and quality services in the sports betting sector.
Ebbe Groes, group CEO of EveryMatrix, highlighted the significance of the acquisition, describing it as their most ambitious move yet in terms of value, scale, and complexity. Groes emphasized that the acquisition positions EveryMatrix for accelerated growth and diversification in regulated markets.
“This deal allows us to accelerate this process, diversify our customer and revenue profiles, while simultaneously migrating customers to a stronger, high performing product proven to deliver exceptional results,” stated Ebbe Groes.
Adam Smith, CEO of FSB Technology, expressed enthusiasm about joining EveryMatrix, viewing it as a pivotal moment for FSB’s growth trajectory and client partnerships.
“We are delighted and excited by the new opportunities this deal could create, through the sharing of our unique capabilities as well as accelerating the growth of FSB’s existing partners,” commented Adam Smith.
The post EveryMatrix Acquires FSB Technology in Strategic Expansion Move appeared first on iGaming.org.