Announced
Completed
Financials
Tags
Completed
Private Equity
United States
Domestic
Majority
Private
Acquisition
electronic table gaming
Toys
Friendly
Single Bidder
Synopsis
Oaktree Capital, an investment manager, completed the acquisition of Interblock, a developer and supplier of luxury electronic table gaming products. Financial terms were not disclosed. “We have delivered robust growth over the past six years, which can be attributed to the company’s dedicated team of ETG specialists, best in class product portfolio, data driven decision making and our continued focus on innovation. There is significant momentum within the Electronic Table Game sector, making it the right time to partner with one of the largest private equity firms in the world - Oaktree. Such progress would not have been possible without the leadership and innovative eye of our outgoing Chairman, Joc Pečečnik, who has contributed significantly to both Interblock’s development and the gaming industry overall. Moving forward, we are excited about our partnership with Oaktree and the ability to further accelerate our momentum, concentrating on both organic growth and potential acquisitions," John Connelly, Interblock Global CEO.
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