Media Coverage
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Olivia Thomas
04.12.23
Long-time Pillsbury client Everi Holdings Inc., a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, has announced its agreement to purchase certain assets of Video King, a leading integrated electronic bingo gaming device and systems provider.
The acquisition’s cash consideration totals approximately $59 million and is subject to customary net working capital adjustments.
According to a company press release, the acquisition is expected to provide Everi with complementary assets and an established customer base to enable additional growth in its Games segment. The acquisition further expands Everi’s portfolio as it follows the company’s recent strategic asset acquisition of Venuetize and its acquisition of Intuicode Gaming.
Click here to read the full press release.
The Pillsbury deal team was led by Corporate partner Christian Salaman and associate Kit Ryan, with assistance from Litigation partner Alex Lathrop, Tax partner Brett Willis and Intellectual Property special counsel Michelle Mehok.