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GiG Software to acquire 80% of 888 Africa Limited

PRIVATEAug 26, 2026about 6 hours ago

Acquiring Company

GiG Software

Acquired Company

888 Africa Limited

SwedenGarouaSoftwareGamingSportsGamblingGaming

Description

GiG Software is set to acquire 80% of 888 Africa Limited following a successful fundraising of €8.5 million. The funds were raised through shares and convertible loans to enable this significant acquisition. This move will enhance GiG's presence in the African gambling market. The transaction demonstrates a strategic push into a growing sector.

Company Information

Company

GiG Software

Location

Sweden

About

GiG Software is a publicly listed company focused on providing software solutions for the gaming industry. They specialize in online gaming and sports betting, offering a robust platform for operators. The company is known for its commitment to innovation and expansion in emerging markets.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired 888 Africa Limited?

888 Africa Limited was acquired by GiG Software, based in Sweden. The deal was reported on August 26, 2026. GiG Software is a publicly listed company focused on providing software solutions for the gaming industry. They specialize in online gaming and sports betting, offering a robust platform for operators. GiG Software is privately held and operates in Software.

When did GiG Software acquire 888 Africa Limited?

GiG Software's acquisition of 888 Africa Limited was reported on August 26, 2026. GiG Software is set to acquire 80% of 888 Africa Limited following a successful fundraising of €8.5 million. The funds were raised through shares and convertible loans to enable this significant acquisition. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does 888 Africa Limited do?

888 Africa Limited is a subsidiary of 888 Holdings, aimed at providing gaming services in the African market. The company focuses on offering online gambling experiences that cater to the unique preferences of African consumers. It is privately held, operating in Gaming, and is based in Garoua.

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