Win Systems acquires Gold Club

(PRESS RELEASE) -- Win Systems, a leading technology supplier for the gaming and lottery industry, has today announced it has acquired Gold Club in a deal worth an undisclosed amount.

Backed by Metric Capital Partners, a London-based private capital firm, Win Systems has completed the purchase of the Slovenian-headquartered global developer and provider of gaming machines and electronic roulette with market presence in over 50 countries worldwide.

The combination of the two companies will create an emerging leader in the global gaming industry, capable of offering both lottery and casino clients innovative end-to-end solutions including Casino Management systems, VLTs, electronic gaming machines and electronic table games. Following the acquisition the group will have a significant footprint in Europe, South Africa and the Americas.

The acquisition comes after a period of substantial organic growth for Win Systems, with the Company's innovative casino management system WIGOS now installed in over 260 casinos in 17 countries worldwide, providing connectivity to over 60,000 machines.

Following the acquisition, Win Systems will more than double its current headcount to over 300 staff across a number of offices worldwide, with key Gold Club personnel remaining in place to continue servicing customers under the Gold Club brand in selected regulated markets.

Eric Benchimol, CEO of Win Systems, said: "The acquisition of Gold Club provides us with significant and immediate access to new markets and customers. We have grown exponentially in the past 18 months and we are looking forward to harnessing the power of the newly-integrated businesses as a springboard to further growth.

"This landmark deal will allow us to offer more products and services to our existing customers as we become a fully-integrated omni-channel provider of systems solutions to the global industry. It is a tremendously exciting time for us and we cannot wait to get started."

Dario Zutel, Executive Chairman of Win Systems, said: "I am incredibly excited to be partnering with Metric for the next growth phase of the Company. We are delighted to have finalized the acquisition of Gold Club, a deal that will significantly expand our global footprint and allow us to make significant inroads in new markets.

"Win Systems has grown organically at an impressive rate over the past few years due to our industry leading products and services. Gold Club is a company with a fantastic reputation that shares our ideals and vision and I am highly confident of our ability to continue growing the group while delivering high quality solutions to our customers."