Ohio-based Yolo Investments has completed an equity investment in Malta-based Enteractive, which specializes in iGaming retention and reactivation. The undisclosed amount of investment gives Yolo a non-controlling interest equity stake.
Yolo’s GP Tim Heath, commented, “We love businesses which find creative ways to add value for their partners, and that’s why Enteractive is such a natural fit for the Yolo Investments network.”
He added, “Retention and reactivation are challenges facing many of the companies we’ve already invested in, and we see significant opportunities to build synergies and help Enteractive develop into a global industry leader across many more markets.”
Enteractive founder and CEO Mikael Hansson commented, “We’re super excited about Yolo Investments joining the Enteractive family. Tim and his team have done a great job in challenging conventional thinking and pushing the industry forward with new ideas and a good portion of enthusiasm.”
