Kirkland & Ellis advised Brightstar Capital Partners on the $1.1 billion acquisition of PlayAGS, Inc. (NYSE: AGS), a global gaming supplier of high-performing slot, table, and interactive products. The definitive agreement was announced May 9, 2024. AGS shareholders will receive $12.50 per share in cash, which represents a 41% premium to the Company’s volume-weighted average share price over the last 90 days. The transaction is expected to close in the second half of 2025 subject to customary closing conditions, including the receipt of regulatory approvals and approval by a majority of AGS stockholders. Read the transaction press release The Kirkland team was led by corporate partners Matthew Arenson, Michael Weisser, Lee Blum and debt finance partner Omar Raddawi.