M&A Deal Summary

Light & Wonder Acquires DEQ Systems

On August 31, 2016, Light & Wonder acquired gaming company DEQ Systems

Acquisition Highlights
  • This is Light & Wonder’s 3rd transaction in the Gaming sector.
  • This is Light & Wonder’s 1st transaction in Canada.
  • This is Light & Wonder’s 1st transaction in Quebec.

M&A Deal Summary
Date 2016-08-31
Target DEQ Systems
Sector Gaming
Buyer(s) Light & Wonder
Deal Type Add-on Acquisition
Advisor(s) Union Gaming Advisors (Financial)
Osler (Legal)

Target

DEQ Systems

Levis, Quebec, Canada
DEQ Systems Corp. is manufacturer of table games, progressive systems, proprietary table games content and utility solutions. DEQ's systems and games are installed in over 300 casinos, in 30 countries around the world.

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Buyer(S) 1

Buyer

Light & Wonder

Las Vegas, Nevada, United States
Category Company
Founded 1984
Sector Gaming
Employees6,000
Revenue 2.9B USD (2023)
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 7 of 22
Sector (Gaming) 3 of 7
Type (Add-on Acquisition) 5 of 19
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-11 Spicerack Media

Chattanooga, Tennessee, United States

Spicerack Media, Inc. is a mobile and social game company. Spicerack Media, Inc. was founded in 2007 and is headquartered in Chattanooga, Tennessee.

Buy -
Mergr

Product

Company

Legal