CVC Capital Partners has completed what it describes as a “strategic investment” in Gaming Laboratories International (GLI), despite having previously announced its intention to acquire the entire company.
In July 2025, CVC formally began the process to acquire GLI. According to documents filed with the authorities in Austria and Malta, the deal was to cover the entire laboratory and its associated entities, including Kobetron and Worldwide Laboratories.
However, a year later, circumstances appear to have changed. Through a statement, the companies have announced a strategic alliance to “support the long-term growth and development of GLI”.
Although the terms of the agreement were not disclosed, it is known that CVC will become GLI’s first external investor, through its investment platform Strategic Opportunities.
Continuity and long-term vision
CVC has stated that it will provide resources and expertise to “enhance GLI’s capabilities and growth prospects” and will maintain GLI’s trajectory and culture.
Founded in 1989 by James Maida and Paul Magno, GLI is headquartered in Lakewood, New Jersey, United States. It currently employs more than 1500 people worldwide and provides its services in more than 710 regulated markets globally.
“GLI plays a fundamental role in the global regulated gaming ecosystem and has established itself as a trusted partner for regulators, operators, and suppliers,” highlighted Matt Turner, partner at CVC and member of GLI’s Board of Directors.
“We are excited to work with James and GLI’s talented team to support the company’s future success,” he added.
GLI’s CEO, James Maida, has confirmed that he will remain in his position. He has also promised clients that the company will continue to offer the same quality and commitment to its clients, and that there will be no changes to its offering.
“This alliance offers new opportunities for growth and innovation, and allows us to invest even further in the future success of the global gaming industry,” Maida concluded.