The Visualize Group (Visualize), a private investment firm focused on mission-critical, services-based businesses, has completed its previously announced acquisition of eCOGRA, a leading provider of testing, inspection, certification and compliance (TICC) services to the regulated gaming industry.
The transaction, first announced on June 30, 2026, closed following the receipt of customary regulatory approvals and clearances.
With the acquisition complete, eCOGRA joins BMM Testlabs (BMM), which Visualize acquired earlier this year, as the firm continues building a leading global TICC platform for the gaming industry. Together, BMM and eCOGRA hold licenses or accreditations in more than 800 jurisdictions, including nearly every regulated gaming market worldwide, enabling suppliers to enter newly regulated markets from day one.
The completion of the transaction coincides with two of the industry’s largest events, G2E in Las Vegas and SBC Summit in Lisbon. Leaders from BMM and eCOGRA will make their first joint appearance at both events, meeting with customers, suppliers and regulators at G2E booths 1416 and 3830, and SBC Summit stands B243 and B608.
“eCOGRA and BMM share a common purpose: giving players, operators and regulators confidence in the broader gaming ecosystem,” shared Martin Storm, Chief Executive Officer of BMM Testlabs. “Together, we can invest further in technology, capacity and best practices while helping clients navigate an increasingly complex regulatory landscape.”
Will Shuckburgh, Chief Executive Officer of eCOGRA, added: “For more than two decades, eCOGRA has focused on ensuring players can trust the games they play and operators can meet the highest standards of compliance. As regulated gaming continues to expand globally, this combination provides additional scale, expertise and resources to better serve our customers while maintaining the standards expected by our accreditation partners and stakeholders.”
C. C. Melvin Ike, Founder and Managing Partner of Visualize, said: “The completion of this transaction marks another important step in building a leading testing, inspection, certification and compliance platform spanning both digital and land-based gaming. Martin and Will bring complementary strengths and a shared commitment to the rigor, independence and reliability that regulators and operators depend on. We are excited to support the next phase of growth.”
Financial terms of the transaction were not disclosed.
