Home Land-Based

DEQ Systems Board of Directors announces exploration of strategic alternatives

DEQ Systems Corp. today announced that the Board of Directors has engaged Union Gaming Securities to explore a variety of strategic alternatives intended to maximize shareholder value. Such strategic alternatives may include, but are not limited to an acquisition, merger or other form of business combination, a recapitalization of the Company, or other similar transactions. Previously, UGS has advised the company on financial and strategic matters.

Updated on 20 January 2016

Gareth Bracken

Journalist

“Our Board of Directors is focused on creating value for our shareholders and therefore we are conducting a review of strategic alternatives with UGS to ensure that we have global visibility to identify diverse and accretive gaming opportunities,” stated David Ross, Chairman of the Board of DEQ.

“DEQ will continue to execute our strategy while remaining fully committed to our customers, partners, suppliers, and employees as the Board undertakes this exploratory process,” stated Joe Bertolone, President and Chief Executive Officer of DEQ.

There can be no assurance that this process will result in a transaction and there is no set timetable for actions to be taken in the process. The Company does not intend to discuss or disclose any developments related to the process until the Board has approved a definitive course of action or otherwise concludes the process.

Topics

Stay updated with GI

Follow Gambling Insider for independent news, analysis and industry expertise.

Add as a preferred source on Google

Gareth Bracken

Journalist

Gareth Bracken is an experienced gaming journalist and editor who spent more than six years with Players Publishing, progressing through a range of senior editorial roles across its flagship titles, including Gambling Insider. He joined the company in 2010 as an Editorial Assistant before advancing to Staff Writer, Senior Staff Writer, Editor, and later Senior Features Writer.

Between 2011 and 2016, Gareth played a central role in shaping editorial output across print and digital platforms, producing in-depth features, news coverage and long-form analysis on the global gambling and iGaming industries. As Editor from September 2014 to October 2015, he oversaw content strategy, editorial standards and production workflows, helping guide the publication’s development as a leading B2B industry voice.

Visit Profile

Gambling Insider delivers the latest industry news, in-depth features, and operator reviews that you can trust. Our team combines rigorous editorial standards with decades of specialized expertise to ensure accuracy and fairness. We are committed to delivering clear, impartial, and dependable coverage across the global gambling sector.