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New Deal


Announced

Completed

Caledonia completed the acquisition of a 34.9% stake in Scientic Games from MacAndrews & Forbes for $1bn.

Financials

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Transaction Value£781m
Consideration TypeCash
Capital Owned-
Capital Bid For35%
EV/Sales-
EV/EBITDA-
Share Price Premium47%
One Off Charge-

Tags

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Private Equity

Friendly

Public

Acquisition

gambling

Casinos and Gambling

United States

Minority

Cross Border

Single Bidder

Completed

Synopsis

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Investment firm Caledonia completed the acquisition of a 34.9% stake in Scientic Games, an American corporation that provides gambling products and services, from MacAndrews & Forbes, an American diversified holding company, for $1bn. "Scientic Games is well-positioned for future success given our industry leading portfolio of products and technologies, loyal customer base and talented leadership team. We are pleased to have the support of our refreshed Board and new investor base as we continue to execute on our strategy to drive meaningful long-term growth and shareholder value creation," Barry Cottle, Scientic Games President and CEO.

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