An undisclosed funds managed by Apollo Global Management, Inc. (NYSE:APO) entered into definitive agreement to acquire Everi Holdings Inc. (NYSE:EVRI) for $1.2 billion on July 26, 2024. Everi's shareholders will receive $14.25 per share as part of the consideration. Deutsche Bank and Macquarie Capital are providing financing commitments for the transaction. Hector Fernandez will lead the combined enterprise as Chief Executive Officer. Nick Khin to Serve as Interim Chief Executive Officer of Combined Enterprise Following Closing. The transaction was unanimously approved by the Everi's board of directors. The transaction is mutually conditional with the acquisition of IGT's gaming business acquisition. The transaction is subject to the Everi's shareholder and subject to regulatory approvals. The transaction is expect to complete by the end of Q3, 2025. As of November 14, 2024, the shareholders of Everi approved the transaction. The applicable waiting period under the HSR Act expired at 11:59 p.m., Eastern time, on November 20, 2024.

Global Leisure Partners LLP acted as financial advisor to Everi Holdings. Houlihan Lokey Capital, Inc. acted as financial advisor to the board of directors of Everi Holdings. Christian A. Salaman, Drew Simon-Rooke, Brandon B. Eckford, Davina K. Kaile, Danielle de Zorzi, Lillian Kim, Michael L. Sibarium, Evan Storm, Laura L. McDaniels, Colleen E. Lamarre, Nora E. Burke, Philip J. Tendler, Joseph M. Fastiggi and Michael A. Warley of Pillsbury Winthrop Shaw Pittman LLP acted as legal advisor to Everi Holdings. Ross A. Fieldston, Ian M. Hazlett, Rosita Lee, Gregory A. Ezring, Mark B. Wlazlo, Danielle C. Penhall, Brian M. Janson, David K. Lakhdhir, Matthew B. Goldstein, Lisa Koff, Nathan Mitchell, Zuzanna Knypinski, Brad R. Okun, Sohail Itani, Cian O?Connor, Jamie Chambers, Claudine Meredith-Goujon, Rebecca S. Coccaro, Reuven Falik, Sasha Belinkie, Annie Herdman, John W. Magruder, Chad de Souza, Andrew C. Finch, Gregory F. Laufer, Andrew J. Ehrlich, Charles E. Crandall IV, Darren W. Johnson and Peter E. Fisch of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisors to Apollo Global Management. Aaron Dixon of Alston & Bird, LLP represented Houlihan Lokey as financial advisor to Everi Holdings Inc. P. Eugenio Aramburu and Geraldine Moffat of Perez Alati Grondona Benites Arntsen & Martinez de Hoz acted as legal advisor to Everi Holdings Inc.

An undisclosed funds managed by Apollo Global Management, Inc. (NYSE:APO) completed the acquisition of Everi Holdings Inc. (NYSE:EVRI) on July 1, 2025. On completion, Everi common stock has been delisted from the New York Stock Exchange.