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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