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GLI Group acquires Trisigma, a leading global gaming laboratory for testing and certification

May 02, 2024over 1 year ago

Acquiring Company

Gaming Laboratories International

Acquired Company

Trisigma

LakewoodGeldermalsenGamingGaming

Description

Gaming Laboratories International (GLI®) has acquired all outstanding shares of Trisigma, a leading global laboratory for testing, inspections, certification, and audits of both online gaming and land-based regulated gambling systems. Trisigma will continue to operate independently while coordinating its activities with the larger number of sales, operational, and back-office employees of GLI worldwide. This acquisition enables Trisigma's clients to continue receiving world-class service and benefit from GLI's international network of laboratories and relationships with regulatory authorities worldwide.

Company Information

Company

Gaming Laboratories International

Location

Lakewood, New Jersey, United States

About

Gaming Laboratories International (GLI®) is committed to delivering the highest quality land-based, lottery, and iGaming testing and assessment services around the world. GLI provides suppliers, operators, and regulators with expert guidance for navigating the future of gaming and ensuring gaming innovations meet regulatory standards with confidence. Since 1989, GLI has certified nearly 2 million items and has tested equipment for 710 jurisdictions resulting in over 5.3 million approved gaming components. GLI has a global network of laboratory locations across six continents, with U.S. and international accreditations for compliance with ISO/IEC standards for technical competence in the gaming, wagering, and lottery industries. GLI has been named "Best Laboratory" in the SAGSE Awards, "Best Test Lab in the Baltics," and "Best Test Lab in the Nordics" in the Baltic and Scandinavian Gaming Awards.

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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