CVC Capital Partners files intention to buy half of Gaming Laboratories International
Avalon Buyer Limited, a UK-based company owned by private equity group CVC Capital Partners, has filed two antitrust filings in Malta and Austria, detailing its intention to attempt to buy 50 per cent of Gaming Laboratories International.
A filing from the Austrian Federal Competition Authority read: “The following merger was notified to the Federal Competition Authority on 03.07.2025: Avalon Buyer Limited (United Kingdom), which is indirectly controlled by funds or vehicles advised or managed by affiliates of CVC Capital Partners plc (Jersey), intends to acquire more than 50 per cent of the shares in and sole control over Gaming Laboratories International, LLC (USA); Worldwide Laboratories, LLC (USA); and Kobetron, LLC (USA). The concentration concerns testing, inspection and certification services for the gaming industry.”
A filing from the Malta Competition and Consumer Affairs Authority stated: “The Director General of the Office for Competition notifies for general information that a notification of a concentration between Avalon Buyer Limited (London, United Kingdom) and Gaming Laboratories International, LLC (Lakewood, United States) and Affiliates, was filed on Thursday, 3 July 2025.
“The nature of the concentration is the acquisition of sole control of Gaming Laboratories International, LLC and its affiliates Worldwide Laboratories, LLC and Kobetron, LLC by Avalon Buyer Limited.”
“Gaming Laboratories International, LLC and its affiliates provide testing, inspection and certification services to the global regulated gaming industry. Its services include gaming testing, pre-certification quality and performance testing, test automation, cybersecurity & professional services, research & development services, training & education services, responsible gaming services, forensics and jurisdictional regulatory advisory support.”
“Avalon Buyer Limited is a newly incorporated investment vehicle indirectly owned and financed by CVC Funds, which hold interests in a number of companies active in a variety of industries around the world, including in financial services, chemicals, utilities, manufacturing, retailing and distribution, in Europe, the US and the Asia-Pacific region.”
“The Director General of the Office for Competition invites interested third parties to submit their written objections on this notified concentration within seven days following publication of this notice.”
GLI is yet to comment on the story, which was broken by media outlet iGamingBusiness.
