Win Systems Funds Latin American Expansion

Win Systems has completed a landmark financing package with Fortress and Goldman Sachs, raising $125 million of committed capital to fund its expansion into Latin America and elsewhere. The company has a track record of providing information management systems.

Win Systems Funds Latin American Expansion

Win Systems, a technology supplier for the gaming, lottery and entertainment industry, has completed a $125 million credit facility with Fortress Credit Corp. and Goldman Sachs Specialty Lending Group, L.P. The transaction closed on October 10, the company said in a news release.

Win Systems offers information management systems that provide real-time control, stability and reliability for land-based casinos, lotteries and route operations. WIGOS, a casino management system, has been installed in more than 340 casinos around the world, connecting more than 95,000 game positions. Within Win Systems` gaming division, the premium Gold Club electronic roulette machines are recognized for their compact design and performance. With its range of GameStar slot machines, the company says it boosts the player gaming experience.

“I am incredibly proud to be working with Fortress and Goldman Sachs for the next phase of our growth,” said Dario Zutel, executive chairman of Win Systems. “We are aggressively looking to expand our global footprint organically and through mergers and acquisitions, and this transaction will allow us to significantly accelerate our growth strategy.”

Win CEO Eric Benchimol said: “With the recent expansion of our lottery business and our successful entrance into the U.S. market, our company is very well positioned for future growth. The new financing package will provide us with sufficient capacity to pursue our growth ambitions.”

Alex Harris, vice president of Goldman Sachs Merchant Banking Division, said the transaction “represents an important investment for the group, and we look forward to seeing the company expand its presence in Mexico, Central and South America, and other new markets over the coming years.”