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EMB Mission Bound to acquire 51% of MegaBet Plus

PRIVATEOct 21, 2026

Acquiring Company

EMB Mission Bound AB (publ)

Acquired Company

Cleverpath Holdings Limited (trading as MegaBet Plus)

SwedenCyprusSoftwareGamingGamingSportsGambling

Description

EMB Mission Bound AB (publ) has signed an agreement to acquire 51% of the shares of Cleverpath Holdings Limited, which operates as MegaBet Plus, from majority shareholder Dennis Ang. The preliminary purchase price is EUR 4,100,000, paid through a promissory note settled against newly issued EMB shares, and closing is subject to Cyprus National Betting Authority approval and expected in the first quarter of 2027. The deal combines EMB's technology capabilities with MegaBet Plus's licensed retail and online betting operations in Cyprus.

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Company Information

Company

EMB Mission Bound AB (publ)

Location

Sweden

About

EMB Mission Bound AB (publ) is a company that combines software and product-development capabilities with established operating businesses. The company is expanding its operational presence in regulated European gaming markets. Its strategy focuses on developing acquired businesses and creating long-term shareholder value.

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Frequently asked

Who acquired Cleverpath Holdings Limited (trading as MegaBet Plus)?

Cleverpath Holdings Limited (trading as MegaBet Plus) was acquired by EMB Mission Bound AB (publ), based in Sweden. The deal was reported on October 21, 2026. EMB Mission Bound AB (publ) is a company that combines software and product-development capabilities with established operating businesses. EMB Mission Bound AB (publ) is privately held and operates in Software.

When did EMB Mission Bound AB (publ) acquire Cleverpath Holdings Limited (trading as MegaBet Plus)?

EMB Mission Bound AB (publ)'s acquisition of Cleverpath Holdings Limited (trading as MegaBet Plus) was reported on October 21, 2026. EMB Mission Bound AB (publ) has signed an agreement to acquire 51% of the shares of Cleverpath Holdings Limited, which operates as MegaBet Plus, from majority shareholder Dennis Ang. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cleverpath Holdings Limited (trading as MegaBet Plus) do?

Cleverpath Holdings Limited, operating as MegaBet Plus, was founded in 2007 and runs a nationwide retail network of more than 200 locations in Cyprus. It is privately held, operating in Gaming, and is based in Cyprus.

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