BMM Group (BMM) has announced that completion of its transaction with The Visualize Group (Visualize) has taken place. The announcement comes after almost a year long process of ensuring that all conditions to the acquisition had been met. These conditions included obtaining key gambling regulatory approvals globally including in the US, Canada, Europe and Australia.
BMM is a leading global provider of testing, inspection, compliance, and certification services for the regulated gaming industry.
Addisons Gaming & Gambling team advised and assisted BMM in managing the global regulatory approval process and engaging with gambling regulators and regulatory lawyers in numerous international and Australian jurisdictions for the approval of Visualize’s acquisition of BMM. The Addisons team advising BMM included Partner Jamie Nettleton, Senior Foreign Lawyer (registered in Malta) Samuel Gauci, and Senior Associate Shanna Protic Dib.
Jamie Nettleton said, “Congratulations to BMM, its founder, Martin Storm and its executives, Peter Hader and Meagan DeMello in achieving this milestone. This transaction will enable BMM to expand its capabilities in the global gambling sector, with the financial expertise and background of Visualize. Thanks to the Addisons Gaming and Gambling Team and our colleagues around the world, particularly in the US, Canada, the UK and Europe for their efforts and support in the completion of this transaction.