M&A Deal Summary

Brightstar Capital Partners Acquires PlayAGS

On May 9, 2024, private equity firm Brightstar Capital Partners acquired electrical equipment company PlayAGS for 1.1B USD

Acquisition Highlights
  • This is Brightstar Capital Partners’ 1st transaction in the Electrical Equipment sector.
  • This is Brightstar Capital Partners’ largest (disclosed) transaction.
  • This is Brightstar Capital Partners’ 14th transaction in the United States.
  • This is Brightstar Capital Partners’ 1st transaction in Nevada.

M&A Deal Summary
Date 2024-05-09
Target PlayAGS
Sector Electrical Equipment
Buyer(s) Brightstar Capital Partners
Deal Type Going Private
Deal Value 1.1B USD
Advisor(s) Macquarie Capital (Financial)
Cooley (Legal)

Target

PlayAGS

Las Vegas, Nevada, United States
PlayAGS is a designer and supplier of electronic gaming machines, table products, and interactive solutions for the gaming industry. PlayAGS was founded in 2005 and is based in Las Vegas, Nevada.

Search 201,429 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

Brightstar Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2015
PE ASSETS 4.1B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Brightstar Capital Partners is a middle-market private equity firm focused on partnering with closely held and family-owned companies. Sectors of interest include business services, consumer products/services, and industrials. Brightstar Capital Partners was established in 2015 and is based in New York City.

DEAL STATS #
Overall 15 of 17
Sector (Electrical Equipment) 1 of 1
Type (Going Private) 1 of 1
State (Nevada) 1 of 1
Country (United States) 14 of 16
Year (2024) 1 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-13 Gateway Dealer Network

Valley Park, Missouri, United States

Gateway Dealer Network is a provider of industrial equipment that operates principally as a provider of Bobcat-branded industrial equipment across a footprint of 31 locations in 10 states throughout the Midwest, Southeast, and Western US. In addition to operating as a dealer of new and used equipment, the Company provides parts and services for industrial equipment and maintains a rental fleet. Gateway Dealer Network is based in Valley Park, Missouri.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 Stratus Group

Coraopolis, Pennsylvania, United States

Stratus is an engineering, architecture, and consulting platform firm that provides global design services and solutions to both public and private sector clients, but with a strategic focus on serving the high-growth economies of the Southeastern United States. Stratus Group is based in Coraopolis, Pennsylvania.

Buy -
Mergr

Product

Company

Legal