Brightstar Capital Partners Completes Acquisition of PlayAGS for Approximately $1.1 Billion Dollars
PlayAGS (NYSE: AGS), a global gaming supplier, has been acquired by Brightstar Capital Partners in a transaction valued at approximately $1.1 billion. Under the agreement, AGS stockholders will receive $12.50 per share in cash, and the company will be delisted from the NYSE to become privately held.
The acquisition follows a period of significant growth for AGS, which has demonstrated strong performance metrics over the past three years including: doubling global slot unit sales to over 6,100 units, growing online real-money gaming content revenue by over 150%, and increasing Table Products revenue by more than 50%. These achievements have contributed to three consecutive years of record revenue performance.
The transaction, initially announced on May 9, 2024, has received all necessary regulatory approvals and stockholder consent. David Lopez will continue as CEO & President of AGS, with the company aiming to accelerate growth and innovation across its slots, table products, and online gaming segments under Brightstar's ownership.
[ "Transaction value of $1.1 billion represents significant deal size", "Strong growth metrics with doubled slot unit sales to 6,100 units", "150% growth in online real-money gaming content revenue", "50% increase in Table Products revenue", "Three consecutive years of record revenue performance", "Strategic partnership aimed at accelerating growth and innovation", "Retention of existing management team for continuity" ]PlayAGS (NYSE: AGS), un fornitore globale di giochi, è stata acquisita da Brightstar Capital Partners in un'operazione del valore di circa 1,1 miliardi di dollari. Secondo l'accordo, gli azionisti di AGS riceveranno 12,50 dollari per azione in contanti e la società sarà ritirata dalla quotazione al NYSE per diventare privata.
L'acquisizione segue un periodo di significativa crescita per AGS, che negli ultimi tre anni ha mostrato forti risultati, tra cui: il raddoppio delle vendite globali di slot machine a oltre 6.100 unità, una crescita superiore al 150% dei ricavi da contenuti di gioco online con denaro reale e un aumento di oltre il 50% dei ricavi dai prodotti da tavolo. Questi risultati hanno contribuito a tre anni consecutivi di performance record in termini di ricavi.
L'operazione, annunciata inizialmente il 9 maggio 2024, ha ottenuto tutte le approvazioni regolamentari e il consenso degli azionisti. David Lopez continuerà a ricoprire il ruolo di CEO e Presidente di AGS, con l'obiettivo di accelerare la crescita e l'innovazione nei segmenti delle slot, dei prodotti da tavolo e del gioco online sotto la proprietà di Brightstar.
- Valore della transazione di 1,1 miliardi di dollari che rappresenta un accordo significativo
- Forti metriche di crescita con il raddoppio delle vendite di slot a 6.100 unità
- Crescita del 150% nei ricavi da contenuti di gioco online con denaro reale
- Aumento del 50% dei ricavi dai prodotti da tavolo
- Tre anni consecutivi di performance record in termini di ricavi
- Partnership strategica volta ad accelerare crescita e innovazione
- Mantenimento del team di gestione esistente per garantire continuità
PlayAGS (NYSE: AGS), un proveedor global de juegos, ha sido adquirido por Brightstar Capital Partners en una transacción valorada en aproximadamente 1.100 millones de dólares. Según el acuerdo, los accionistas de AGS recibirán 12,50 dólares por acción en efectivo y la compañía será retirada de la cotización en la NYSE para convertirse en privada.
La adquisición sigue a un período de crecimiento significativo para AGS, que ha demostrado sólidos indicadores de desempeño en los últimos tres años, incluyendo: duplicar las ventas globales de unidades de tragamonedas a más de 6.100 unidades, incrementar los ingresos por contenido de juegos en línea con dinero real en más del 150% y aumentar los ingresos por productos de mesa en más del 50%. Estos logros han contribuido a tres años consecutivos de ingresos récord.
La transacción, anunciada inicialmente el 9 de mayo de 2024, ha recibido todas las aprobaciones regulatorias necesarias y el consentimiento de los accionistas. David Lopez continuará como CEO y presidente de AGS, con la empresa buscando acelerar el crecimiento y la innovación en sus segmentos de tragamonedas, productos de mesa y juegos en línea bajo la propiedad de Brightstar.
- Valor de la transacción de 1.100 millones de dólares que representa un acuerdo significativo
- Sólidos indicadores de crecimiento con la duplicación de ventas de tragamonedas a 6.100 unidades
- Crecimiento del 150% en ingresos por contenido de juegos en línea con dinero real
- Aumento del 50% en ingresos por productos de mesa
- Tres años consecutivos de ingresos récord
- Asociación estratégica para acelerar el crecimiento y la innovación
- Mantenimiento del equipo directivo actual para garantizar continuidad
PlayAGS (NYSE: AGS)는 글로벌 게임 공급업체로서 Brightstar Capital Partners에 의해 약 11억 달러 규모의 거래로 인수되었습니다. 이 계약에 따라 AGS 주주들은 주당 12.50달러의 현금을 받게 되며, 회사는 NYSE 상장 폐지되어 비상장 회사가 됩니다.
이번 인수는 AGS가 지난 3년간 보여준 눈에 띄는 성장세 이후 이루어졌으며, 글로벌 슬롯 유닛 판매량을 6,100대 이상으로 두 배 증가시키고, 온라인 실시간 머니 게임 콘텐츠 매출을 150% 이상 성장시키며, 테이블 제품 매출을 50% 이상 증가시키는 등 강력한 성과를 기록했습니다. 이러한 성과들은 3년 연속 기록적인 매출 실적에 기여했습니다.
2024년 5월 9일 처음 발표된 이번 거래는 모든 규제 승인과 주주 동의를 받았습니다. David Lopez는 AGS의 CEO 겸 사장직을 계속 유지하며, Brightstar의 소유 하에 슬롯, 테이블 제품, 온라인 게임 부문에서 성장과 혁신 가속화를 목표로 합니다.
- 11억 달러 규모의 거래 가치로 중요한 계약
- 6,100대 슬롯 유닛 판매량 두 배 성장
- 온라인 실시간 머니 게임 콘텐츠 매출 150% 성장
- 테이블 제품 매출 50% 증가
- 3년 연속 기록적인 매출 실적
- 성장과 혁신 가속화를 위한 전략적 파트너십
- 연속성을 위한 기존 경영진 유지
PlayAGS (NYSE : AGS), un fournisseur mondial de jeux, a été acquis par Brightstar Capital Partners dans une transaction d'une valeur d'environ 1,1 milliard de dollars. Dans le cadre de cet accord, les actionnaires d'AGS recevront 12,50 dollars par action en espèces, et la société sera retirée de la cote du NYSE pour devenir privée.
Cette acquisition fait suite à une période de croissance significative pour AGS, qui a affiché de solides performances au cours des trois dernières années, notamment : le doublement des ventes mondiales d'unités de machines à sous à plus de 6 100 unités, une croissance des revenus des contenus de jeux en ligne en argent réel de plus de 150 % et une augmentation des revenus des produits de table de plus de 50 %. Ces réussites ont contribué à trois années consécutives de performances record en termes de chiffre d'affaires.
La transaction, initialement annoncée le 9 mai 2024, a reçu toutes les approbations réglementaires nécessaires ainsi que le consentement des actionnaires. David Lopez continuera en tant que PDG et président d'AGS, la société visant à accélérer la croissance et l'innovation dans ses segments de machines à sous, produits de table et jeux en ligne sous la propriété de Brightstar.
- Valeur de la transaction de 1,1 milliard de dollars représentant une opération significative
- Forte croissance avec un doublement des ventes d'unités de machines à sous à 6 100 unités
- Croissance de 150 % des revenus des contenus de jeux en ligne en argent réel
- Augmentation de 50 % des revenus des produits de table
- Trois années consécutives de performances record en chiffre d'affaires
- Partenariat stratégique visant à accélérer la croissance et l'innovation
- Maintien de l'équipe de direction actuelle pour assurer la continuité
PlayAGS (NYSE: AGS), ein globaler Spieleanbieter, wurde von Brightstar Capital Partners in einer Transaktion im Wert von etwa 1,1 Milliarden US-Dollar übernommen. Im Rahmen der Vereinbarung erhalten AGS-Aktionäre 12,50 US-Dollar pro Aktie in bar, und das Unternehmen wird von der NYSE genommen und privat geführt.
Die Übernahme folgt auf eine Phase erheblichen Wachstums bei AGS, das in den letzten drei Jahren starke Leistungskennzahlen vorweisen konnte, darunter: Verdopplung der weltweiten Slot-Unit-Verkäufe auf über 6.100 Einheiten, ein Wachstum der Einnahmen aus Online-Echtgelde-Spielediensten um über 150% und eine Steigerung der Einnahmen aus Tischprodukten um mehr als 50%. Diese Erfolge führten zu drei aufeinanderfolgenden Jahren mit Rekordumsätzen.
Die Transaktion, die ursprünglich am 9. Mai 2024 angekündigt wurde, hat alle erforderlichen behördlichen Genehmigungen und die Zustimmung der Aktionäre erhalten. David Lopez wird weiterhin als CEO und Präsident von AGS tätig sein, wobei das Unternehmen unter Brightstars Eigentümerschaft das Wachstum und die Innovation in den Bereichen Slots, Tischprodukte und Online-Gaming beschleunigen möchte.
- Transaktionswert von 1,1 Milliarden US-Dollar als bedeutende Größenordnung
- Starke Wachstumskennzahlen mit Verdopplung der Slot-Verkäufe auf 6.100 Einheiten
- 150 % Wachstum bei den Einnahmen aus Online-Echtgelde-Spielediensten
- 50 % Steigerung der Einnahmen aus Tischprodukten
- Drei aufeinanderfolgende Jahre mit Rekordumsätzen
- Strategische Partnerschaft zur Beschleunigung von Wachstum und Innovation
- Beibehaltung des bestehenden Managementteams für Kontinuität
- None.
- Delisting from NYSE reduces public investment accessibility
- Shareholders lose potential upside from future growth as company goes private
Insights
Brightstar's $1.1B acquisition of PlayAGS represents a 'take-private' transaction that recognizes AGS's strong growth trajectory and product diversification.
Brightstar Capital Partners has completed its previously announced acquisition of PlayAGS (NYSE: AGS) in a transaction valued at approximately
This acquisition represents a strategic move by Brightstar to enter the gaming technology sector at a time when AGS is demonstrating impressive growth momentum. The target company has shown remarkable performance metrics over the past three years:
- More than doubled global slot unit sales to over 6,100 units
- Grown online real-money gaming content revenue by
150% - Increased Table Products revenue by
50% - Achieved three consecutive years of record revenue
The transaction structure follows a standard "take-private" model, with the buyer paying a premium to acquire all outstanding shares and remove the company from public markets. This approach typically enables more operational flexibility without quarterly reporting pressures and allows for longer-term strategic initiatives.
For AGS, partnering with a private equity firm like Brightstar likely provides access to additional capital for R&D and potential bolt-on acquisitions. The press release indicates Brightstar's intentions to help AGS expand into new markets, suggesting potential geographic or product diversification beyond its current offerings across slots, table games, and online gaming.
This acquisition reflects broader consolidation trends in gaming technology, where firms with diversified product portfolios across both traditional and digital gaming segments become attractive targets. AGS's growth across multiple product categories, particularly its
LAS VEGAS and NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Brightstar Capital Partners (“Brightstar”), a private equity firm focused on investing in business services, industrials, consumer, and government services and technology companies, today announced the closing of its acquisition of PlayAGS, Inc. (NYSE: AGS) (“AGS” or the “Company”), a global full-service gaming supplier of high-performing slot, table, and interactive products. The transaction was first announced on May 9, 2024.
The closing follows approval of the transaction by AGS stockholders and the receipt of all required regulatory approvals. Under the terms of the agreement, AGS stockholders will receive
The acquisition comes amid strong growth momentum for AGS. Over the past three years, the Company has more than doubled its global slot unit sales to over 6,100 units, grown online real-money gaming content revenue by over
“We’re excited to join forces with Brightstar, a partnership that marks both a pivotal moment and a transformative new chapter in AGS’ growth story,” said David Lopez, CEO & President of AGS. “With Brightstar as a strategic partner, we believe AGS is in an ideal position to accelerate growth and double-down on delivering focused, high-impact innovation across slots, table products, and online gaming. This partnership sharpens our ability to serve casino operators with differentiated content and solutions built to give them a winning edge.”
“We are thrilled to officially welcome David and the AGS team to Brightstar,” said Andrew Weinberg, Founder, CEO & Co-Chair of Brightstar. “We believe that AGS’ full-spectrum product offering and customer-centric culture set it apart in a growing industry. Our goal is to help the Company expand into new markets and continue to use technology to create exciting games and products.”
Macquarie Capital served as financial advisor and Cooley LLP served as legal counsel to AGS. Jefferies LLC served as lead financial advisor to Brightstar. Barclays and Citizens JMP Securities also served as financial advisors to Brightstar. Kirkland & Ellis LLP and Brownstein Hyatt Farber Schreck served as legal counsel to Brightstar.
About AGS
AGS is a global gaming company dedicated to delivering a diverse mix of entertaining gaming experiences for every kind of player. With a full-spectrum product portfolio spanning slot machines, table products, card shufflers, and online gaming, AGS has grown into one of the industry’s most comprehensive gaming suppliers. The Company’s customer-centric culture and “innovation with intent” philosophy fuel continuous development of high-performing products designed to drive customer success and player engagement. AGS’ omnichannel strategy – bridging the land-based casino and digital gaming worlds – positions the Company to serve the evolving needs of its casino operator partners around the world. Learn more at www.playags.com.
About Brightstar Capital Partners
Brightstar Capital Partners is a middle market private equity firm with
AGS Contact
Julia Boguslawski, Chief Marketing Officer
PR@PlayAGS.com
Brightstar Contact
Prosek Partners
Pro-Brightstar@Prosek.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4d149144-5cd6-43b5-9318-04863a60cc61
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