New York, Oct. 14, 2019 \u2013 Win Systems, a leading technology supplier for the gaming, lottery and entertainment industry, has successfully completed a $125 million credit facility with Fortress Credit Corp. (Fortress) and Goldman Sachs Specialty Lending Group, L.P. (Goldman Sachs). The transaction closed on Oct. 10, 2019.<\/p>\n
Win Systems has an extensive track record of offering best-in-class information management systems, recognized throughout the world for providing superior real-time control, stability and reliability for land-based casinos, lotteries, and route operations. WIGOS\u2122, the most powerful and reliable casino management system, has been installed in more than 340 casinos around the world connecting more than 95,000 game positions. Within Win Systems` gaming division, the premium GOLD CLUB\u2122 electronic roulette machines are recognized for their compact design and performance. With its attractive range of GAMESTAR\u2122 slot machines, the Company\u2019s new exciting games and jackpots are also boosting the player gaming experience worldwide.<\/p>\n
Dario Zutel, Executive Chairman of Win Systems, commented: \u201cI am incredibly proud to be working with Fortress and Goldman Sachs for the next phase of our growth. We are aggressively looking to expand our global footprint organically and through M&A, and this transaction will allow us to significantly accelerate our growth strategy.\u201d<\/p>\n
Eric Benchimol, CEO of Win Systems, added: \u201cWith the recent expansion of our Lottery business and our successful entrance into the US market, our company is very well positioned for future growth. The new financing package will provide us with sufficient capacity to pursue our growth ambitions\u201d.<\/p>\n
Adam Rosenberg, Global Head of Gaming & Leisure at Fortress Investment Group, commented on the transaction: \u201cWin Systems has a very strong leadership team standing behind the Company\u2019s impressive portfolio of products and services. We have been in dialog with Dario and Eric for many years and are pleased to have the opportunity to support their continued growth plans with this investment.\u201d<\/p>\n
Alex Harris, Vice President, Goldman Sachs Merchant Banking Division, added:\u201d Goldman Sachs is excited to have partnered with Fortress to provide a transformational cross-border credit facility to Win Systems to support their growth throughout Latin America and other jurisdictions. The transaction represents an important investment for the group, and we look forward to seeing the company expand its presence in Mexico, Central and South America, and other new markets over the coming years.\u201d<\/p>\n
\u201cIt has been a pleasure working with the Win Systems team and helping them raise capital from some of the world\u2019s largest and most sophisticated investors. This transaction reflects another example of our ongoing commitment to work with fast growing technology companies operating on a global scale.\u201d said Nedim Music, Managing Partner of Olympia Capital Partners Europe B.V.<\/p>\n
Win Systems` growth strategy is focused on entering new markets in addition to widening its range of products by taking the players\u2019 needs into consideration for new product development. Its vision to offer solutions ahead of market demand is helping make the Company a leading global provider in the industry.<\/p>\n
Once again, this year at G2E, Win Systems will show its high-end new products and services that enable the Company to position itself as a top-tier provider of solutions for casinos of all sizes and locations. The Company strives to maintain close proximity to its clients and their needs, and uses state-of-art technologies to optimize the player experience.<\/p>\n
Olympia Capital Partners was the lead financial advisor to the Company, in conjunction with the international law firm Greenberg Traurig LLP and several other law firms.<\/p>\n
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About Win Systems<\/p>\n
WIN SYSTEMS is a provider of casino solutions for the global gaming industry. The Company specializes in management systems and gaming machines for all varieties of casinos and lotteries.
\nIt offers a full range of dedicated technology services, including design, programming, installation, operation and maintenance of its systems, with local teams based around the world able to assist partners around the clock.
\nWin Systems has an extensive track-record of offering the best in class information management systems, recognized throughout the world for providing superior real-time control, stability and reliability for land-based casinos, lotteries, and route operations.
\nThe integration of Gold Club has further cemented Win Systems\u2019 position as a global gaming solutions supplier. All Gold Club machines, including slot machines and various versions of electronic roulette, are developed with design quality at the forefront and are popular with players across various jurisdictions.
\nIncorporating Gold Club has resulted in Win Systems\u2019 position as an emerging leader in the global gaming industry, with significant and expanding footprints in Europe, the Americas and Africa.
\nThe Company is continuously evolving, refining and expanding its product line ahead of market demand, setting trends and creating tools that are becoming essential for its customers\u2019 successful operations.
\nFor more information: www.winsysgroup.com || +1 212 206 9325 || Tw: @win_systems<\/p>\n","protected":false},"excerpt":{"rendered":"
New York, Oct. 14, 2019 \u2013 Win Systems, a leading technology supplier for the gaming, lottery and entertainment industry, has successfully completed a $125 million credit facility with Fortress Credit Corp. (Fortress) and Goldman Sachs Specialty Lending Group, L.P. (Goldman Sachs). The transaction closed on Oct. 10, 2019. Win Systems has an extensive track record […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"yoast_head":"\n