Italian provider Microgame sold to private equity firm

Former owners Monitor Clipper Partners LP and TPG Growth ink agreement with investment company Piomo

Private investment firm Piomo has acquired a 91.7% stake in Italian igaming supplier Microgame. Piomo secured an agreement with Microgame’s former owners, US private equity funds Monitor Clipper Partners LP and TPG Growth, for an undisclosed sum. Under the remit of the agreement, Piomo will become the majority shareholder in the company while the two…

Italy | M&A | Microgame | Strategy | Supplier