Home > Strategy > M&A > Play Synergy to acquire Aruze’s slot operations
Play Synergy is set to acquire Aruze Gaming America’s slot operations, which includes its land-based assets and online gaming offering, for an undisclosed amount.
The Empire Technological Group-owned company is being advised by Innovation Capital LLC in relation to the acquisition.
The transaction will see the company take charge over Aruze’s land-based and online slots operations, alongside the related sales and support services attached.
Play Synergy already has its own slots offerings, along with table games and technology products.
In a statement, Play Synergy said that it is “confident” the deal will close within the next 30 days, depending on regulatory and court approvals.
“The addition of these assets and associated personnel will significantly enhance Play Synergy’s presence in the gaming industry,” read the statement.
Alongside the acquisition announcement, Play Synergy included information regarding reemployment efforts at Aruze in light of the deal.
“Aruze, Play Synergy, and all other stakeholders in the process have worked exceptionally well together to provide the vast majority of Aruze team members with new employment opportunities,” said Frank Feng, president of Play Synergy.
“This along with interest from others in the industry has had the result of minimising the disruption to those impacted and their families.”
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