Brightstar Capital Partners Acquires PlayAGS (AGS) for Approximately $1.1 Billion

Apollo Funds Acquire IGT's Gaming & Digital Business from Brightstar Lottery

July 1, 2025

Media & Entertainment

Funds managed by affiliates of Apollo Global Management completed the acquisition of International Game Technology PLC’s Gaming & Digital business from Brightstar Lottery (formerly IGT). Brightstar received approximately $4.0 billion of net cash proceeds, which it will use to reduce near-term debt, return $1.1 billion to shareholders (a $3.00 per-share special dividend plus a $500 million repurchase authorization), and fund other corporate priorities; Brightstar will continue to trade as Brightstar Lottery (BRSL).

OpenGate Capital Acquires Player One Amusement Group from Cineplex

February 5, 2024

Media & Entertainment

OpenGate Capital has completed the acquisition of Player One Amusement Group (P1AG) from Cineplex for CAD 155 million. OpenGate will partner with P1AG’s management and invest in people, infrastructure, deployable assets and systems to support organic growth and pursue accretive acquisitions across North America.

Claure Group Acquires Minority Stake in Brightstar Capital Partners

May 11, 2023

Financial Services

Claure Group has acquired a non-control, minority equity stake in Brightstar Capital Partners, a New York-based middle-market private equity firm led by founder and CEO Andrew Weinberg. The investment establishes a strategic partnership to support Brightstar’s scaling and growth initiatives; Brightstar’s portfolio companies employ roughly 19,000 people with combined EBITDA of about $600 million.

Acies Acquisition Corp Completes Business Combination with PLAYSTUDIOS

June 21, 2021

Media & Entertainment

Acies Acquisition Corp. completed a business combination with PLAYSTUDIOS, resulting in the combined company changing its name to PLAYSTUDIOS, Inc. and beginning to trade on Nasdaq under the ticker MYPS. The transaction provides PLAYSTUDIOS with approximately $220 million in cash to accelerate product development and pursue acquisitions while scaling its playAWARDS loyalty platform.

Bragg Gaming Group Acquires Spin Games LLC

June 1, 2022

Software

Bragg Gaming Group completed the acquisition of Spin Games LLC in a cash-and-stock transaction valued at approximately USD 30 million. The purchase gives Bragg U.S. iGaming licenses, an RGS and content portfolio, and operator relationships to accelerate its North American expansion.

Brightstar Capital Partners Acquires Majority Stake in Brightstar Corp.

October 22, 2020

Telecommunications

Brightstar Capital Partners (BCP) completed the acquisition of a 75% majority stake in Brightstar Corp., partnering with Brightstar’s senior management team. SoftBank Group Corp., the prior owner, will retain a 25% minority stake; BCP said it will help accelerate Brightstar’s growth in device protection, warranty, trade-in and supply chain solutions.