Apollo Funds to Acquire Everi Holdings and IGT Gaming & Digital in $6.3B All-Cash Deal
November 14, 2024
Everi stockholders voted to approve the pending simultaneous all-cash acquisition of Everi and the Gaming & Digital business of International Game Technology (IGT) by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management (Apollo Funds). Everi shareholders will receive $14.25 per share in cash, and the transaction is expected to close by the end of the third quarter of 2025, subject to closing conditions.
- Buyers
- Apollo Funds
- Targets
- Everi Holdings Inc., IGT's Gaming & Digital business
- Platforms
- Apollo Funds
- Industry
- IT Services
- Location
- Nevada, United States
- Transaction Type
- Buyout
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