FDJ acquires payment service provider

Française des Jeux (FDJ) has signed a deal with Idinvest Partners to acquire Bimedia, a software publisher that specialises in point of sale collection and payment solutions.

fdj

The exact figure of the deal has not been disclosed but FDJ said the fee would be based on an enterprise value of less than €50m ($55.1m).

The acquisition would allow FDJ to accelerate the development of its Payment and Services business, a strategy in line with its 2025 business plan.

Bimedia has 140 employees in France and is present in more than 6,400 points of sale in the country, nearly 90% of which are tobacconists and newsagents.

The completion of the transaction is subject to the usual conditions, including approval by the French Competition Authority.

Last week, FDJ saw its share price surge after making its debut on the stock market.

President Emmanuel Macron’s Government is planning to sell government shareholdings in specific businesses, to raise funds for innovation projects and boost the country’s economy.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium Connections
Consultancy
Executive Profiles
Seminole Hard Rock Support Services
Seminole Hard Rock Support Services
Metropolitan Gaming
Holland Casino
Nederlandse Loterij
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...