M&A Deal Summary

Arrow Acquires Blue Bay

On May 12, 2023, Arrow acquired distribution company Blue Bay

Acquisition Highlights
  • This is Arrow’s 2nd transaction in the Distribution sector.
  • This is Arrow’s 2nd transaction in the United States.
  • This is Arrow’s 1st transaction in Michigan.

M&A Deal Summary
Date 2023-05-12
Target Blue Bay
Sector Distribution
Buyer(s) Arrow
Deal Type Add-on Acquisition

Target

Blue Bay

Jackson, Michigan, United States
Blue Bay is a distributor of paper pull tabs, electronic handheld bingo devices, bingo paper, consoles/flashboards, and related accessories to the Michigan market. Blue Bay was founded in 1990 and is based in Jackson, Michigan.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Arrow

Cleveland, Ohio, United States
Category Company
Founded 1967
Sector Gaming
DESCRIPTION

Arrow is a manufacturer and distributor of charitable gaming products, including pull tabs, electronic pull tabs, bingo products, and electronic bingo devices for charitable gaming. Arrow was founded in 1967 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 3 of 3
Sector (Distribution) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Michigan) 1 of 1
Country (United States) 2 of 2
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-07 Automatic Machine Services

Kemsing, United Kingdom

Automatic Machine Services is a distributor of gaming and leisure equipment to the working men’s club, pub, restaurant and hospitality markets in the South East United Kingdom. Automatic Machine Services is based in Kemsing, United Kingdom.

Buy -
Mergr

Product

Company

Legal