M&A Deal Summary

Bragg Acquires Spin Games

On May 12, 2021, Bragg acquired digital media company Spin Games for 35M USD

Acquisition Highlights
  • This is Bragg’s 2nd transaction in the Digital Media sector.
  • This is Bragg’s largest (disclosed) transaction.
  • This is Bragg’s 2nd transaction in the United States.
  • This is Bragg’s 2nd transaction in Nevada.

M&A Deal Summary
Date 2021-05-12
Target Spin Games
Sector Digital Media
Buyer(s) Bragg
Deal Type Add-on Acquisition
Deal Value 35M USD

Target

Spin Games

Reno, Nevada, United States
Spin Games is a provider in designing and developing gaming content and interactive technologies for regulated B2B social and real money gaming markets. Spin Games was founded in 2012 and is based in Reno, Nevada.

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Buyer(S) 1

Buyer

Bragg

Toronto, Ontario, Canada
Category Company
Founded 2004
Sector Information Technology
Employees466
Revenue 94M EUR (2023)
DESCRIPTION

Bragg is a provider in artificial intelligence services that provides a range of solutions including semantic search, machine learning and natural language processing (NLP). Bragg was founded in 2004 and is based in Toronto, Ontario.

DEAL STATS #
Overall 2 of 3
Sector (Digital Media) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Nevada) 2 of 3
Country (United States) 2 of 3
Year (2021) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-22 Oryx Gaming

Las Vegas, Nevada, United States

Oryx Gaming is a gaming and turnkey solutions provider. Oryx offers a proprietary i-gaming platform and a diverse portfolio of proprietary and 3rd party Sportsbook, Lottery and Casino products with over 5,000 content titles included. Oryx Gaming was founded in 2010 and is based in Las Vegas, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 Wild Streak Gaming

Las Vegas, Nevada, United States

Wild Streak Gaming is a game studio specializing in casino slot game design supporting land-based casinos, online real money casinos and social gaming applications. Wild Streak Gaming is based in Las Vegas, Nevada.

Buy -
Mergr

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