Inspired Gaming to be sold for £74.4m
Inspired Gaming, the Burton-on-Trent gambling, leisure and gaming company, looks set to be sold to private equity firm Vitruvian in a £74.4m deal. Inspired is a leading provider of analogue and open server-based gaming machines in the UK for the leisure and gaming markets. Vitruvian is an independent private equity firm that specialises in middle-market buyouts, growth buyouts and growth capital investments in the UK and elsewhere in northern Europe. Vitruvian acts as discretionary manager to the Vitruvian Fund, which has investments of £797m. The decision on the sale of AIM-listed Inspired rests with shareholders at a general meeting in early June. Luke Alvarez, chief executive of Inspired, said: "In Vitruvian we have found the right partner to support this company's development and provide the financial flexibility to implement its strategy. There are many exciting growth opportunities for Inspired's technology and operations and my team is enthusiastic about what this partnership will achieve."
