J&J Gaming announces acquisition of Andy’s Video Gaming
J&J proudly announces the successful completion of our newest acquisition
Accelerated growth and further expansion into Northern Illinois
J&J Ventures Gaming, LLC (“J&J Gaming”) announced today its acquisition of Andy’s Video Gaming Co. on January 16th, 2024. Andy’s Video Gaming is a distributed gaming and amusements operator in Northern Illinois. With J&J headquarters in Illinois and majority-owned by funds managed by Oaktree Capital Management, LP. (“Oaktree”), J&J Gaming is the national leader in the installation and operation of regulated gaming devices in restaurants, bars, taverns, gaming parlors, convenience stores, truck stops and other authorized venues. The acquisition of Andy’s Video Gaming aligns seamlessly with J&J’s vision and long-term commitment to the Illinois video gaming industry. The integration of Andy’s Video Gaming and its talented team, expertise, technology, and esteemed partnered establishments will only reinforce J&J’s position and commitment in the market. On a combined basis, J&J Gaming, along with its subsidiaries and affiliates, provides gaming and amusements to 4,400+ partnered locations in Illinois and across the nation.
“Andrzej and the team at Andy’s Video Gaming provide expert service and operational knowledge to their partnered locations in both Gaming & Amusements. This strategic move marks a new milestone in our expansive footprint in Illinois. We are proud to offer Andy’s Video Gaming Co. establishments and their patrons the excitement of the J&J Gaming experience,” says J&J Gaming CEO, Bob Willenborg.
“Establishing the Andy’s Video Gaming family, which consists of our team and partnerships, has been an honorable experience. J&J Gaming’s commitment to innovation, expansion, and continued excellence in service will only set our partner locations up for further success,” says owner Andrzej Sciwiarski. “We are excited for what lies ahead!”
About J&J Gaming
J&J Gaming, LLC continues to be an advocate for small businesses and works to foster growth for our customers, who are our partners in the distributed gaming industry. Distributed gaming creates sustainability for all of its participants by producing revenue and creating and maintaining jobs within its host communities. Since 1929, J&J has made it a priority to invest in its customers, employees and communities. J&J Gaming is headquartered in Effingham, Illinois, where they began route operations in 1929. J&J Gaming, including its subsidiaries and affiliates, is the largest distributed gaming operator in the United States providing gaming and amusements to non-casino locations such as restaurants, bars, taverns, convenience stores, truck stops and grocery stores in various regulated jurisdictions. The company operates over 32,000 machines in 4,400 locations across Illinois, Nevada, Montana, Pennsylvania and Nebraska. To learn more about J&J, visit our website.
Oaktree is a leader among global investment managers specializing in alternative investments, with $179 billion in assets under management as of June 30, 2023. The firm emphasizes an opportunistic, value oriented, and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,100 employees and offices in 20 cities worldwide. For additional information, please visit Oaktree’s website at www.oaktreecapital.com.
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