Erhvervsinvest acquires Gaming

The GP bought its majority stake in the company from exiting investors Genua and Dansk Automat Expert Holding. Equity was drawn from Erhvervsinvests' 2012-vintage third fund.

As part of the transaction, Lars Holtug, a former senior partner at PwC in Denmark, will become chair of Gaming's board.

Erhvervsinvest has previously invested in the gambling segment with the buyout-merger of Danske Automat Spil and Elite Gaming in 2006, which the GP has since exited.

Company
Created in 2010 through the merger of Compu-Game and Dansk Automat Expert, Gaming is the developer and operator of online casino Spillehallen.dk and in-shop gambling machines.

The company is headquartered in Århus with a second office in Esbjerg and operates machines across Denmark.

People
Erhvervsinvest – Thomas Marstrand (partner).

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