Jadestone: No Longer Part of Paf after Buyout
Jadestone, a Swedish casino game provider, has completed a management buyout from Paf. Following this transaction, Jadestone is now 100 percent owned and operated by its current management team.
The terms of the agreement includes Jadestone’s current corporate structure, as well as all employees, intellectual property, gaming platforms, and resources needed to continue with the operation and development of gaming solutions.
“Our relationship with Paf has been invaluable for our growth into an established player on the global online gaming arena,” said Robert Henrysson, CEO of Jadestone.
With increased flexibility and independence, Jadestone is hoping to take the company to new heights in 2012.
What are your thoughts on this buyout?