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New Deal


Announced

Completed

Angel Playing Cards acquired Gaming Partners International for $110m.

Financials

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Transaction Value£87m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Merger

United States

Casinos and Gambling

Public

gambling

Acquisition

Friendly

Completed

Single Bidder

Private Equity

Synopsis

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Angel Playing Cards, a company specialised in distribution of games, toys, hobby goods, and supplies acquired Gaming Partners International, which manufactures and supplies casino table game equipment to licensed casinos worldwide, for $110m. Under the terms of the merger agreement, stockholders of GPIC will receive $13.75 in cash in exchange for their shares. Upon closing of the transaction, Angel will own 100% of GPIC.

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