Better Collective has completed the acquisition of Rekatochklart.com, an online community for sports bettors and tipsters. The acquisition was made as an asset purchase from Win&Fun Media. The acquired asset will be consolidated into Better Collective’s group accounts and managed through its Swedish division.
Jens Carlsson and Ulrik Sandebäck, the former owners of Rekatochklart.com, will continue to work in consultancy positions at Better Collective’s Sweden arm.
In 2020, Rekatochklart.com generated €1.2m in revenue and posted €900,000 in earnings before interest, tax, and amortisation.
According to Jesper Søgaard, co-founder and CEO of Better Collective, the acquisition of Rekatochklart.com is a strategic move that strengthens the company’s position in Sweden. The platform’s strong brand and community of tipsters make it a perfect addition to Better Collective’s business.
With major international sports events planned for the year, such as Euro 2021, the Olympic Games, and the Ice Hockey World Championship 2021, Rekatochklart.com will help Better Collective engage with more sports fans in the Swedish market.
Jens Carlsson, from Rekatochklart.com, expressed excitement and pride in concluding the sale to Better Collective. He believes that joining a well-managed and responsible company with a strong track record in developing sites and communities like Rekatochklart.com will benefit both the platform and its vibrant community of tipsters and gambling experts in Sweden.