M&A Deal Summary

Light & Wonder Acquires WMS Industries

On October 18, 2013, Light & Wonder acquired gaming company WMS Industries for 1.5B USD

Acquisition Highlights
  • This is Light & Wonder’s 1st transaction in the Gaming sector.
  • This is Light & Wonder’s 2nd largest (disclosed) transaction.
  • This is Light & Wonder’s 2nd transaction in the United States.
  • This is Light & Wonder’s 1st transaction in Illinois.

M&A Deal Summary
Date 2013-10-18
Target WMS Industries
Sector Gaming
Buyer(s) Light & Wonder
Deal Type Add-on Acquisition
Deal Value 1.5B USD
Advisor(s) Macquarie Capital (Financial)
Skadden, Arps, Slate, Meagher & Flom
Blank Rome (Legal)

Target

WMS Industries

Waukegan, Illinois, United States
website
WMS is a designer, manufacturer and marketer of games, video and mechanical reel-spinning gaming machines, video lottery terminals and in gaming operations, which consists of the placement of leased participation gaming machines in legal gaming venues. The Company also develops and markets digital gaming content, products, services and end-to-end solutions that address global online wagering and play-for-fun social, casual and mobile gaming opportunities.

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Buyer(S) 1

Buyer

Light & Wonder

Las Vegas, Nevada, United States

website

Category Company
Founded 1984
Sector Gaming
Employees6,100
Revenue 2.5B USD (2022)
DESCRIPTION
Scientific Games facility in Las Vegas, Nevada.
Scientific Games facility in Las Vegas, Nevada.

Light & Wonder is a developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company's portfolio includes instant and draw-based lottery games; electronic gaming machines and game content; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and social, mobile and interactive content and services. Light & Wonder was established in 1984 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 5 of 22
Sector (Gaming) 1 of 7
Type (Add-on Acquisition) 3 of 19
State (Illinois) 1 of 1
Country (United States) 2 of 10
Year (2013) 1 of 1
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-01 Barcrest Group

Oldham,

Barcrest Group Ltd. is a manufactures of gaming machines in UK.

Buy £35M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 Bally Technologies

Las Vegas, Nevada, United States

Bally Technologies designs, manufactures, operates, and distributes advanced technology-based gaming devices and systems worldwide, as well as interactive and mobile solutions. Bally’s product line includes reel-spinning slot machines, video slot machines, wide-area progressives, and Class II, lottery, and central determination games and platforms. Bally also offers an array of casino management, slot accounting, bonusing, cashless, and table-management solutions. Bally Technologies was established in 1932 and is based in Las Vegas, Nevada.

Buy $5.1B
Mergr

Product

Company

Legal