Announced

Apollo Global to acquire Everi and IGT's Gaming & Digital business in a $6.3bn deal.

Synopsis

Apollo Global Management, a private equity firm, agreed to acquire providers of gaming products Everi and IGT's Gaming & Digital business, in a $6.3bn deal. "We are excited to reach this agreement with IGT and Everi, which establishes a leading, diversified solutions provider that is well positioned across the entire gaming ecosystem. As an active investor in the gaming and leisure sector for many years, we have long admired both companies and their highly talented teams. We strongly believe in the value proposition of the combination and are confident these complementary gaming platforms will be even better positioned under private ownership to capture the opportunities ahead to grow and create value. We look forward to working in partnership with all the people at IGT Gaming and Everi to propel the combined enterprise forward," Daniel Cohen, Apollo Partner. On November 14, 2024, Everi stockholders approve acquisition by Apollo Funds.

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