CVC Capital Partners preparing to acquire Gaming Laboratories International: report

Global testing and compliance giant Gaming Laboratories International is set for acquisition by Avalon Buyer Limited, a UK-listed firm controlled by private equity investor CVC Capital Partners, according to two antitrust filings in Austria and Malta…

Avalon was incorporated 24 April, according to UK business records. The company lists two US-based directors, Zachary Kelly and Matthew Turner. Kelly is an investment director for CVC and Turner is CVC’s head of strategic opportunities for North America, per LinkedIn.

No financial terms are disclosed in either filing, which say only that Avalon intends to acquire sole control of GLI as well as affiliates Worldwide Laboratories LLC and Kobetron LLC.