McColl Partners, LLC acted as financial advisor to Johnson Management, LLC and management of NOVA Gaming, LLC ("NOVA Gaming" or the "Company"), a leading developer and manufacturer of casino gaming systems, in its sale to Angelo, Gordon & Co. ("Angelo Gordon") and BJR Capital Corp. ("BJR Capital"). Moore & Van Allen, PLLC served as legal counsel to Johnson Management, LLC and NOVA Gaming.
About NOVA Gaming, LLC
NOVA Gaming is a leading developer and manufacturer of high-speed, interactive, server-based gaming systems primarily provided to casinos owned and operated by Native American casinos. Headquartered in Greenville, South Carolina, the Company operates gaming terminals throughout seven states. NOVA Gaming possesses innovative gaming content, provides industry leading customer service, and enjoys a consistent and predictable revenue stream. The Company continues to be committed to the development and distribution of gaming machines across the United States.
About Angelo, Gordon & Co.
Angelo Gordon is a New York-based investment advisor that manages over $10 billion in alternative class investments. With approximately $800 million in existing investments and committed capital, Angelo Gordon's private equity group is dedicated to partnering with world-class management teams. The firm targets investments where there is a demonstrable opportunity to significantly enhance a company's value. The principals of Angelo Gordon have a long and successful history of investing with management partners across a wide range of industries and transaction types, including management buyouts, recapitalizations, and distressed situations.
About BJR Capital Corp.
BJR Capital is a New York-based firm specializing in sponsoring acquisitions and recapitalizations of middle-market companies in partnership with management. BJR Capital seeks opportunities to acquire companies that have strong prospects for long-term growth and are led by exceptional management teams. BJR Capital was founded by Brian J. Richmand, a 20-year veteran of the private equity industry. Prior to forming BJR Capital, Mr. Richmand was a partner at Chase Capital Partners, where he focused on private equity investments in manufacturing, publishing, retailing, and distribution.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
For more information about our Consumer Group, please contact Lorin DeMordaunt at (704) 333-0525. More information about McColl Partners can be found at www.mccollpartners.com.
