Accel Entertainment Completes $164.2M Acquisition of Century Entertainment
Accel entertainment has completed the acquisition of Century Entertainment, the gaming distributor, for $164.2 Million.
Century Entertainment is a long-established gaming machine operator in the US states of Montana and Nevada. They have 8,300 gaming terminals and around 900 licensed locations in both States. These sites are placed in locations including bars, taverns, and convenience stores.
Another benefit of the acquisition for Accel is the manufacturing capabilities that Century Entertainment brings with the deal.
Accel is a leading gaming distributor in the US and sees this acquisition as part of the strategy to increase growth throughout the country.
We could not be more excited to further expand our operations in the Western United States with the Century team. We are confident that Century’s leadership team of Steve, Heidi, and Merle, is the perfect partner to guide us into this attractive market and capture new growth. Together we look forward to continue seeking innovative opportunities to expand our hyper-local business model into new markets across the country.
It has also been reported that the senior structure at Century Entertainment will stay in place and continue its leadership of the company.
In Accel, we have found an ideal strategic partner, and together we are uniquely positioned to accelerate our growth trajectory as we deliver the latest technological advancements to the gaming market. I am proud to continue to lead our dynamic team and build upon our strong momentum under the Accel banner as we provide our operators and players with attractive locations, the highest quality products, and world-class support for which we are known.