Seeking to boost its digital capabilities, Spanish gambling operator Grupo R.Franco (R.Franco) has moved to fully acquire industry omni-channel platform provider Mediatech Solutions outright.
In February 2016, both parties entered an online gambling platform provisions partnership, which would see the R.Franco governance invest in Mediatech as the operator moved to launch its digital services for the Spanish gambling market.
Confirming its full investment, R.Franco governance detailed that it was pleased to fully integrate Mediatech’s ‘high quality’ team within its operations. The tech investment would also service R.Franco ambitions of international expansion in the coming months.
R.Franco Executive Chairman Jesús Franco backed the investment stating that Mediatech was “a transformative and promising project, this transaction consolidates us as one of the most important actors within the gaming industry, and will allow us to provide customers and operators with the widest range of solutions in the market.”
At present, R.Franco governance has chosen not to reveal the sum of its investment in Mediatech Solutions.
