Deals

Headwaters scoured the globe to find a partner to help us achieve our financial and strategic objectives. Their bankers were able to access the best positioned companies in the industry worldwide and they brought us a powerful strategic partner that will enhance the value and growth of CyberArts. The Headwaters process yielded a transaction that puts CyberArts in a position to be the leading software technology provider across multiple gaming markets worldwide
Ken Arnold, Chairman, Cyber Arts

Completion Date
November 2009

Transaction Type
Development Capital

Transaction Value
(Not disclosed)

Lead Partner
Paul Janson
Telephone +1 (303) 572 6000

Background
Headwaters acted as the sole advisor to CyberArts in their recapitalization by Intralot. CyberArts offers "Foundation", the world's most advanced gaming software platform. Intralot is the world's leading gaming technology supplier, lottery licensed operator, sports betting manager and innovative game content & services provider.

What Difference Did We Make?
Headwaters process resulted in the biggest gaming company in the world investing in the cllient. Headwaters scoured the globe to find the best investor. Investor located in Greece.