M&A Deal Summary

American Gaming Systems Acquires Colossal Gaming

On May 12, 2014, American Gaming Systems acquired digital media company Colossal Gaming

Acquisition Highlights
  • This is American Gaming Systems’ 1st transaction in the Digital Media sector.
  • This is American Gaming Systems’ 1st transaction in the United States.
  • This is American Gaming Systems’ 1st transaction in Nevada.

M&A Deal Summary

Date 2014-05-12
Target Colossal Gaming
Sector Digital Media
Buyer(s) American Gaming Systems
Deal Type Add-on Acquisition

Target

Colossal Gaming

Las Vegas, Nevada, United States
Colossal Gaming LLC is a game design studio with the mission to bring new and unique game play to the industry. Colossal is a pioneer in large-format slot gaming, and the designer and manufacturer of the top performing games Hot at the Top and Colossal Diamonds.

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Buyer(S) 1

Buyer

American Gaming Systems

Henderson, Nevada, United States

Category Company
Founded 1996
Sector Digital Media
DESCRIPTION

AGS LLC (American Gaming Systems) is a designer and manufacturer of Class II gaming machines for the Native American gaming market with an emerging presence in a broad range of commercial markets in the United States. As of December 31, 2013, the company had 8,563 gaming machines in 184 gaming facilities in 19 U.S. states, with 154 gaming facilities under revenue sharing agreements and 30 facilities under daily fixed fee agreements. The majority of the company’s systems are used by Native American gaming operators in both Class II and Class III environments, with a recent expansion into the Illinois video gaming terminal, or VGT, market. The company’s products include electronic gaming machines, server-based systems and back-office systems that are used by casinos and other gaming locations. The company believes its top titles are some of the most popular Class II games and among the highest grossing titles in its customers’ facilities.


DEAL STATS #
Overall 1 of 7
Sector (Digital Media) 1 of 5
Type (Add-on Acquisition) 1 of 2
State (Nevada) 1 of 1
Country (United States) 1 of 5
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-30 Cadillac Jack

Duluth, Georgia, United States

Cadillac Jack, Inc. is a designer and supplier of electronic games and systems for the regulated global gaming industry with more than 13,000 units installed in hundreds of casinos across the United States and Mexico.

Buy CA$476M