M&A Deal Summary

Evolution Acquires Galaxy Gaming

On July 18, 2024, Evolution acquired leisure company Galaxy Gaming for 85M USD

Acquisition Highlights
  • This is Evolution’s 1st transaction in the Leisure sector.
  • This is Evolution’s largest (disclosed) transaction.
  • This is Evolution’s 1st transaction in the United States.
  • This is Evolution’s 1st transaction in Nevada.

M&A Deal Summary
Date 2024-07-18
Target Galaxy Gaming
Sector Leisure
Buyer(s) Evolution
Deal Type Add-on Acquisition
Deal Value 85M USD
Advisor(s) Macquarie Capital (Financial)
Latham & Watkins (Legal)

Target

Galaxy Gaming

Las Vegas, Nevada, United States
Galaxy Gaming develops and distributes innovative games, bonusing systems, and technology solutions to physical and online casinos worldwide. The company offers games proven to perform developed by gaming experts and backed by the highest level of customer support. Galaxy Gaming is based in Las Vegas, Nevada.

Search 200,577 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

Evolution

Birkirkara, Malta
Category Company
Founded 2006
Sector Leisure
Revenue 1.8B EUR (2022)
DESCRIPTION

Evolution develops, produces, markets and licenses fully-integrated B2B Live Casino solutions to gaming operators. The company is a B2B provider with 800+ operators among its customers. The group currently employs 20,500+ people in studios across Europe and North America. Evolution was formed in 2006 and is based in Birkirkara, Malta.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal