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Monroe Capital Supports Century Gaming Technologies’ Acquisition of Grand Vision Gaming

June 01, 2017, 07:31 AM
Filed Under: Gaming

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support Century Gaming Technologies acquisition of Grand Vision Gaming.

Based in Billings, Montana, Century is a distributed gaming operator with the largest gaming route in Montana and the second largest in Nevada. GVG is a software developer and manufacturer of gaming devices, with over 6,000 video gaming machines installed in Montana, South Dakota, Louisiana and West Virginia.

The acquisition allows Century the ability to offer custom and proprietary game content for video gaming machines to current and new distributed gaming route customers from one united establishment.

"GVG's current success in jurisdictions where Century does not have a distributed gaming route will be further enhanced by Century's experience in the route industry," stated Steve Arntzen, CEO and president of Century, in a press release. "This acquisition is a game changer for us. GVG allows us the ability to offer custom and truly proprietary game content for video gaming machines to our distributed gaming route customers – something we have always wanted to capitalize on."

From the inception of GVG, the core goal has been to capture the lead in bottom-line profitability in its respective marketplaces. Backed by Century's route size – boasting over 7,000 devices company-wide – coupled with over fifty years of industry expertise packs a powerful advantage over competitors in both the distributed route and the video lottery terminal (VLT) manufacturing sectors across the U.S.


"The combination of these two companies packs a one-two punch, giving current and new customers a better assortment of offerings from one united establishment," stated Arntzen. "We expect this to be a knockout."

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