Shore Capital's hire roughly a year ago of a Cantor Fitzgerald banker who handled the Aim flotation of Stride Gaming has come up trumps, helping the firm to win, first, a broking slot with the UK bingo group, and then a role on a share issue to part-finance a £70 million transformative double acquisition.
Stride Gaming, which floated on London's junior market in May 2015, completed its takeover of online bingo business 8Ball, and some assets of online bingo firm Tarco as well as Netboost Media, which services those assets, on August 31, the company said in a statement. The deal had been announced in July.