In just a few years, LeoVegas has gone from a completely unknown brand with a zero customer base to be the fastest growing mobile gaming company and the market leader in mobile casino. Thanks to its strong inflow of customers, exceptional growth and constant innovation, LeoVegas is the trailblazer in the mobile revolution. With the industry\u2019s most prestigious awards under its belt, and \u201cmobile first\u201d approach LeoVegas continues to take the gaming experience to new heights. Today the company has over 250 employees and is one of the leading mobile gaming companies in Europe. For more information, please visit http:\/\/leovegasgroup.com\/en\/<\/p>\n
The offering price was set to SEK 32 \u2013 the high end of the range \u2013 bringing the total value of the offering to SEK 1,035m (EUR 111m*) including over-allotment options and corresponding to a market value of SEK 3,190 million (EUR 343m*). After the first day of trading the share price closed at SEK 36.7 \u2013 representing an increase of 15%. GP Bullhound acted as Placing Agent in the IPO.<\/p>\n
Per Roman, Managing Partner at GP Bullhound commented: \u201cWe have had the pleasure of acting as M&A and financing adviser to LeoVegas and its two formidable founders Robin Ramm-Ericson and Gustaf Hagman from their very early days in 2012 continuing through each private financing round, several take-over defences and now also their successful IPO. As an early and long-term investor in the company through our Sidecar funds, we see this IPO only as a step in a longer journey ahead with the company.\u201d<\/p>\n
Gustaf Hagman, CEO of LeoVegas commented: \u201cWe are happy about the extremely strong interest to invest in the LeoVegas share offering and now welcome almost 30,000 new shareholders. We founded LeoVegas with the aim of building the world\u2019s leading mobile gaming company. A listing of LeoVegas on Nasdaq First North Premier is a natural step in the Company\u2019s positive development and in particular we see it as a platform for continued strong growth.\u201d<\/p>\n","protected":false},"featured_media":754,"template":"","categories":[39],"sector":[34],"region":[44],"class_list":["post-753","article","type-article","status-publish","has-post-thumbnail","hentry","category-ma","sector-digital-media","region-nordics-baltics"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gpbullhound.com\/wp-json\/wp\/v2\/article\/753"}],"collection":[{"href":"https:\/\/www.gpbullhound.com\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/www.gpbullhound.com\/wp-json\/wp\/v2\/types\/article"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gpbullhound.com\/wp-json\/wp\/v2\/media\/754"}],"wp:attachment":[{"href":"https:\/\/www.gpbullhound.com\/wp-json\/wp\/v2\/media?parent=753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gpbullhound.com\/wp-json\/wp\/v2\/categories?post=753"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.gpbullhound.com\/wp-json\/wp\/v2\/sector?post=753"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/www.gpbullhound.com\/wp-json\/wp\/v2\/region?post=753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}