Tag Archives: Acquisition
UK- Hydra Industries Acquisition Corp. to buy Inspired
Hydra Industries Acquisition Corp., a special purpose acquisition company formed for the purpose of effecting a merger, acquisition or similar business combination, has entered into a definitive agreement to acquire Inspired Gaming from funds managed by Vitruvian Partners, a London headquartered private equity firm. The transaction reflects a valuation for Inspired of £200m, including the…
Austria – Novomatic to buy Founder’s majority shareholding in Ainsworth
Austrian slot giant Novomatic is buying Len Ainsworth’s majority shareholding in Ainsworth Game Technology (AGT), equating to 53 per cent of the Australian slot manufacturer. Mr Ainsworth, Founder of the company that bears his name, will remain as Chairperson. Novomatic said it isn’t looking to complete a takeover and has stressed that it supports AGT’s…
Austria – Czech businessmen secure 11.34 per cent stake in Casinos Austria
Businessmen forming the biggest shareholder in Greek gambling operator OPAP have bought a significant stake in Casinos Austria. The Czech media has reported that investment group KKCG, owned by Karel Komarek and investment holding Emma Capital, owned by George Šmejc, have bought an 11.34 per cent stake in Casinos Austria via its Austrian Gaming Holding….
UK – GVC beats off 888 competition to agree buyout deal with Bwin
GVC Holdings has managed to fight off competition from 888 for control of Bwin.party with the latter agreeing to a deal from GVC that pitches the price of the online operator at £1.06bn. Back in July, Bwin had agreed to a £900m cash-and-share offer from 888 but that deal was scuppered by GVC upping its…
UK – 888 Holdings pays £898m for Bwin.party
888 Holdings has confirmed it is buying Bwin.party in a deal worth £898m in what it describes as a ‘transformational opportunity.’ 888 executive chairman Brian Mattingley said: “This is a transformational opportunity for 888 in the consolidating online gaming industry, which is expected to grow significantly over the coming years. We believe the deal creates…
Sweden – Suzo-Happ buys Scan Coin
Suzo-Happ has completed the acquisition of Scan Coin, a leading provider of advanced cash handling technologies, software and services. Scan Coin, headquartered in Malmö, Sweden, offers customers in the retail, bank, cash center and public transportation markets, full service solutions to optimize their cash handling through automated processing of coins and notes. “The addition of…
US – Global Cash Access completes Multimedia acquisition
Global Cash Access has completed the acquisition of Multimedia Games Holding Company. This transformational combination creates a uniquely diverse organisation that will leverage cash access and compliance solutions with leading slot gaming experiences to enhance the full enterprise value proposition to casino operators. “This marks a great milestone as two organisations, with differentiated product and…
US – Global Cash Access to acquire Multimedia Games
Global Cash Access Holdings and Multimedia Games Holding have entered into a merger agreement whereby GCA has agreed to acquire all the outstanding common stock of Multimedia Games for $36.50per share, for an aggregate purchase price of approximately $1.2bn in cash. The transaction has been unanimously approved by the boards of directors of the two…
US – JCM completes FutureLogic purchase
JCM Innovation, a subsidiary of JCM American, doing business as JCM Global, has finalised its acquisition of FutreLogic Group, doing business as FutureLogic, from American Capital. The deal’s closing further enhances JCM’s competitive position as the leading supplier of peripheral products to the industries it serves around the world, including banking, gaming, kiosk, retail and…
