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New Deal


Announced

Grover Gaming to acquire NexLevel Gaming.

Financials

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

Tags

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Acquisition

Majority

Domestic

Friendly

United States

Electronic Components and Equipment

Single Bidder

Private

distributors of electronics

Pending

Synopsis

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Grover Gaming, a developer of software, game content, and gaming systems for lotteries, agreed to acquire NexLevel Gaming, a distributor of electronic instant bingo. Financial terms are not disclosed. "We are very excited about the NexLevel team joining our Grover Gaming family. We have known the principals and most of the employees for quite some time and are thrilled to bring onboard such experienced sales, marketing, and customer service professionals. We believe that, when licensed, we will have a truly spectacular team to service the charities of Ohio," Garrett Blackwelder, Grover Gaming President.

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