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Brightstar Capital Partners Acquires PlayAGS for $1.1 Billion to Enhance Growth in Gaming Sector.

Jun 30, 202512 months ago

Contract Type

acquisition

Las VegasGaming

Description

Brightstar Capital Partners has completed its acquisition of PlayAGS for approximately $1.1 billion. The deal was approved by AGS stockholders and brings AGS into a new phase as a privately held company after significant growth in its product performance and revenue.

Company Information

Company

AGS

Location

Las Vegas, Nevada, United States

About

PlayAGS Inc is a well-known supplier of gaming products with strong financial fundamentals, including notable gross profit margins of 70.1% and healthy revenue growth of 12.18%.

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