Over 180 Technology M&A Transactions since 1998
50+ Years of Operational Expertise Across Managing Partners
Charlotte, NC; August 26, 2015 — DecisionPoint, a leader in M&A advisory services for middle-market technology companies, announced today that its client, Resort Advantage, a leader in FinCEN and IRS compliance solutions for the gaming industry, has been acquired by Everi Holdings, a provider of cash access services and related equipment to the gaming industry.
Resort Advantage, a privately held firm based in Southfield, Michigan, specializes in the development, implementation, and support of niche commercial compliance software applications for the gaming industry. As the makers of the gaming industry’s award-winning suite of FinCEN and IRS compliance management and reporting applications, Resort Advantage continues to lead the gaming industry with its compliance innovations that meet the regulatory needs of casinos today and into the future.
About Resort Advantage
As the makers of the award-winning Title 31 Accelerator(tm), Slots Jackpot Accelerator(tm), SAR Workflow Accelerator(tm), Incident Report Accelerator(tm), and Advanced SAR Analyzer(tm) suite of compliance applications, Resort Advantage continues to lead the gaming industry with its innovations. Resort Advantage’s Complete FinCEN/IRS Compliance Solution has set the gold standard for FinCEN and IRS compliance management and reporting as the solution of choice for the most prominent casino properties in North America. For more information, visit www.resort-advantage.com.
About Everi Holdings
Everi is dedicated to providing video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions and compliance and efficiency software. The Company’s Games business provides: (a) comprehensive content, electronic gaming units and systems for Native American and commercial casinos, including the award winning TournEvent(r) slot tournament solution; and (b) the central determinant system for the video lottery terminals installed at racetracks in the State of New York. The Company’s Payments business provides: (a) access to cash at gaming facilities via Automated Teller Machine cash withdrawals, credit card cash access transactions, point of sale debit card transactions, and check verification and warranty services; (b) fully integrated gaming industry kiosks that provide cash access and related services; (c) products and services that improve credit decision making, automate cashier operations and enhance patron marketing activities for gaming establishments; (d) compliance, audit and data solutions; and (e) online payment processing solutions for gaming operators in states that offer intrastate, Internet-based gaming and lottery activities. For more information, visit www.everi.com.
About DecisionPoint
DecisionPoint is a unique leader in M&A advisory services for middle-market technology companies and their venture capital investors in the software, services, cleantech, biotech, healthcare IT and communication sectors. For additional information on DecisionPoint, visit www.DecisionPointINT.com.
For further information, contact: Doug Ellis, Managing Partner; (704) 248-1122; dellis@decisionpointint.com