Canadian casino games developer DEQ Systems is exploring possible mergers and acquisitions, among other forms of business combinations, as it looks to maximise shareholder value.
The company’s board of directors has engaged Union Gaming Securities (UGS), a boutique investment bank focused on the global gambling industry, to explore strategic alternatives including a recapitalisation of the company or other similar transactions. UGS has previously advised DEQ on other financial and strategic matters.
Traditionally focused on the land-based sector, DEQ [...]