The Suzo-Happ Group, a portfolio company of Pfingsten Partners, has acquired Suzo Polska, a distributor of gaming equipment in Poland. No financial terms were disclosed.
Suzo-Happ Group acquired Suzo Polska Sp. z.o.o., located in Wysogotowo, Poland. Suzo Polska, a distributor of gaming equipment in Poland, will operate as part of Suzo International, the European arm of the Suzo-Happ Group, with the same local leadership responsible for its recent growth. Suzo Polska is the eighth company to become part of the Suzo-Happ Group.
About Suzo-Happ Group
The Suzo-Happ Group was formed in 2004 by Pfingsten Partners, L.L.C. with the merger of Suzo International, headquartered in The Netherlands, and Happ Controls, headquartered in Elk Grove Village, IL. The combined organization holds a global leadership position in the gaming and amusement parts and accessories market with over 30,000 products and customers in 80 countries. The group has manufacturing, engineering, distribution and service capabilities with over 600 employees on three continents. More information is available at www.suzohapp.com, www.suzo.com, www.gamingstuff.com and www.happ.com.
About Pfingsten Partners, L.L.C.: Pfingsten Partners is an operationally oriented private equity firm founded in 1989. From its headquarters in Chicago, IL and office in Hong Kong, China, the firm builds better businesses through operational improvements, professional management practices, global capabilities and profitable business growth rather than financial engineering. Since completing its first investment in 1991, Pfingsten Partners has acquired 59 manufacturing, distribution and business services companies. For more information, visit www.pfingstenpartners.com.