Game on in the gaming industry

Article Abstract:

The management buyout of Maygay Machines, manufacturer of amusement machines for a range of markets, indicates that funding can be obtained for such a deal even in cases where cash flows fluctuate. European Leisure accepted an offer from 3i in Oct 1997, with exclusivity being granted until the end of 1997. This allowed 3i to put together a team to deal with the complex transaction. Advice on funding was obtained from Price Waterhouse Corporate Finance, while Pinsent Curtis provided advice on legal issues. Debt finance was provided by Barclays Bank.

Other Commercial and Service Industry Machinery Manufacturing, Manufacturing industries, not elsewhere classified, Coin-Operated Amusement Equip, Toy industry, Management buyouts, Coin operated recreation equipment, Games industry, Maygay Machines

---

The shape of things to come?

Article Abstract:

It is expected that the ongoing strategies by companies to divest non-core business will keep professional advisers in the West Midlands busy in 1997. The region's mergers and acquisitions sector is dominated by large, complicated deals, but total negotiations are likely to be fewer in number. The motive for such deals is not necessarily financial and many venture capital companies are backing individuals, sometimes known as serial entrepreneurs, who are involved in more than one transaction.

Venture capital companies, Birmingham, England, Corporate divestiture, Divestiture

---

Defenders of the status quo

Article Abstract:

British equity arrangers Cinven, 3i Group PLC and Candover Investments PLC have been ranked top in major UK buyout operations in terms of deal values and deal number comparisons. Equity services company 3i arranged 155 bids, more than any other firm, between 1991 and 1996. Their equity value total valued 892 million pounds sterling. The top ten UK-based management buyouts during the same period are listed.

Evaluation, Services, Commercial finance companies, Candover Investments PLC, 3i Group PLC, CINVen

Similar abstracts:

• Abstracts: Hanging on the line. Hindustan Lever wins big with analysts
• Abstracts: Sandcastles in the air. The morning ten years after. Now, bondmania
• Abstracts: Absent men: the underclass. To the boats: Haitian refugees. Against misplaced meanness
• Abstracts: Still coming in. A friend turned foe
• Abstracts: Growing the business. Camden Motors drives to success. Profiled companies keep up the pace in the acquisition stakes

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.