Everi Acquires Assets of Video King (VKGS LLC)
April 11, 2023
Everi Holdings Inc. agreed to acquire the majority of assets of VKGS LLC (Video King) for approximately $59 million in cash. The asset purchase expands Everi's addressable market for digital casino gaming content—Video King brings an installed base of more than 50,000 portable electronic bingo tablets, revenue of over $25 million in 2022, and licensing in ~60 jurisdictions.
- Buyers
- Everi Holdings Inc.
- Targets
- VKGS LLC (Video King)
- Sellers
- VKGS LLC (Video King)
- Industry
- Media & Entertainment
- Location
- Nebraska, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
VDC-MGG Holdings Acquires Vegas.com from Remark Holdings
May 16, 2019
Media & Entertainment
Remark Holdings sold Vegas.com, LLC to VDC-MGG Holdings LLC (an affiliate of Remark's senior lenders) for an enterprise value of $45 million. The $30 million cash proceeds will be used to pay amounts due to Remark's senior lenders, substantially reducing Remark's debt and enabling the company to focus on its transition to a pure-play AI business.
-
Mayfair Equity Partners Acquires Majority Stake in Jersey-based VG
July 17, 2024
Financial Services
Mayfair Equity Partners has acquired a majority stake in VG, a Jersey-based provider of private wealth, corporate and fund administration services, investing alongside VG's current management team. Crescent Capital Group's European Specialty Lending strategy provided financing to support the transaction; financial terms were not disclosed.
-
Kyyba Inc. Acquires Viki Technologies
March 16, 2023
Healthcare Services
Kyyba Inc./Kyyba Tech has agreed to acquire Viki Technologies, a specialist healthcare technology provider based in Farmington Hills, Michigan, for an undisclosed amount. The acquisition expands Kyyba's healthcare capabilities and will integrate Viki's clinical decision support and data-driven tools into Kyyba's broader healthcare solutions platform.
-
Kingsway Forms Vertical Market Solutions and Acquires Systems Products International (SPI)
September 11, 2023
Software
Kingsway Financial Services formed Vertical Market Solutions, LLC and acquired Miami-based vertical market software provider Systems Products International, Inc. (SPI) in a cash transaction as the fourth acquisition under its Kingsway Search Xcelerator program. Kingsway said the deal will be immediately accretive, expand its recurring revenue base, and establish VMS as a platform for future vertical market software add-ons; Drew Richard will transition to CEO of SPI.
-
gamigo AG (via MGI) Acquires Substantially All Assets of Verve Wireless Inc.
January 23, 2020
Marketing & Advertising
gamigo AG, via its US-based subsidiary and parent Media and Games Invest (MGI), agreed to acquire substantially all assets of Verve Wireless Inc., a North American leader in programmatic mobile location-based display and video advertising. The deal includes Verve's technology, IP and team and is intended to expand gamigo/MGI's ad‑tech capabilities, strengthen user acquisition for mobile gaming and deepen the group's presence in the North American market; management expected low double‑digit million in additional net revenues and low single‑digit million in additional EBITDA for 2020.
-
TerraVest Industries Acquires KBK Industries LLC
January 9, 2026
Manufacturing
TerraVest Industries Inc. (TSX: TVK) acquired KBK Industries, LLC, a Houston-based manufacturer of fiberglass and steel storage tanks, for US$90.0 million in cash (subject to a working capital adjustment). The acquisition expands TerraVest's U.S. tank manufacturing footprint and complements its existing fiberglass tank operations, providing additional channel opportunities (notably in the convenience-store segment) and geographic diversification.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.