Parthenon Capital completes acquisition of Global Payments’ gaming arm
| By Robert Fletcher
Private equity business Parthenon Capital has finalised the acquisition of Global Payments’ gaming division for an undisclosed amount.
Under the agreement, which was announced in February, the division has been renamed as Pavilion Payments and will continue to provide omnichannel payments services exclusively to the gaming industry.
Based in a new headquarters in Las Vegas, Nevada, Pavilion will offer kiosk, cashless and igaming technology, including the VIP Preferred network that connects millions of users around the US to more than 400 in-person and online gaming institutions.