Gaming Laboratories International (GLI®) welcomes CVC Strategic Opportunities as its first exterior investor

Gaming Laboratories International (“GLI”) and CVC, a number one world funding agency, collectively announce that they’ve entered right into a strategic partnership to assist GLI’s continued progress and long-term growth. CVC, by its long-duration funding platform Strategic Opportunities, has accomplished an funding into GLI and associated entities. The funding by CVC will present sources and experience to reinforce the capabilities and progress prospects of GLI whereas upholding the corporate’s historical past and tradition of offering world-class companies to the worldwide gaming trade.

GLI is the worldwide chief in testing, certification and cybersecurity companies to the worldwide gaming trade with over 1,500 workers globally servicing over 710 regulated gaming jurisdictions worldwide. Founded in 1989 by James Maida and Paul Magno, GLI is headquartered in Lakewood, New Jersey, USA.

James Maida, Chief Executive Officer of GLI, mentioned, “We are truly excited and honored to welcome CVC as a strategic investment partner. CVC shares our vision, values, and long-term commitment to the global gaming industry. This partnership creates new opportunities for growth and innovation, allowing GLI to invest even more in the success of the future of the global gaming industry as well as investing in related and adjacent sectors. Our leadership, values, and culture focused on customer service remain unchanged. I will continue as CEO and our leadership team remains intact. Together we will stay focused on quality, speed and the customer experience while continuing to drive innovation and outstanding service worldwide.”

Matt Turner, Partner at CVC and GLI Board Member, added, “Within CVC Strategic Opportunities, we seek to partner with exceptional businesses that have histories of consistent success, strong market positions and significant long-term growth potential. GLI fits perfectly with that approach, as over nearly 40 years James and Paul have built GLI into the clear leader in its industry. The company plays a critical role in the global regulated gaming ecosystem and has established itself as a trusted partner to regulators, operators and suppliers around the world. This positions the business extremely well for continued growth, and we are looking forward to working alongside James and the talented team at GLI to support the company’s future success.”