Hermes Private Equity in £28m bingo play

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UK - Hermes Private Equity (HPE) has acquired bingo operator Mayfair Gaming from Risk Capital Partners for an undisclosed sum, believed by industry sources to be between £26m and £28m.

HPE, the private equity arm of Hermes Pensions Management, said it planned to grow the business through a niche roll-out, targeting appropriate locations for the brand’s local customer base. A nint...

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