November 21, 2016

Trive Capital and Quantum International Partner with Lucky Bucks

Dallas, Texas and Atlanta, Georgia

Trive Capital (“Trive”), the Dallas based private equity firm, and Toronto based Quantum International Income Corporation (“Quantum”) (TSXV: QIC) have provided capital to and partnered with Lucky Bucks, Inc. (“Lucky Bucks” or the “Company”). Headquartered in Atlanta, Georgia, Lucky Bucks is an operator of digital skill-based gaming terminals in the State of Georgia. The Company assembles, distributes, owns and operates over 700 gaming terminals in over 140 locations throughout the state, each of which are fully licensed and governed by the Georgia State Lottery. The Company’s product set offers location customers and players a variety of skill-based coin-operated amusement machines.

“Trive has had a historical relationship with QIC and is excited to support the continued growth of Lucky Bucks and its highly capable management team in their acquisitive growth strategy,” commented Conner Searcy, Managing Partner at Trive Capital. “The Lucky Bucks transaction is an example of Trive’s ability to provide a creative capital solution as part of a broader, collaborative partnership with QIC and the Lucky Bucks team.”

“We are thrilled at the opportunity to partner with Trive and add Lucky Bucks to the Quantum portfolio of businesses,” commented Manu K. Sekhri, CEO of Quantum. “Trive’s ability to understand the Lucky Bucks business model within the context of a highly regulated industry helped facilitate an efficient transaction, and their commitment and flexibility to support a shared, longer-term vision for the Company helped differentiate them from other partners.”

 

About Lucky Bucks

Headquartered in Atlanta, Georgia, Lucky Bucks is an operator of skill-based gaming terminals in the State of Georgia.  Lucky Bucks assembles, distributes, owns and operates over 700 gaming terminals in over 140 locations throughout the state, each of which is fully licensed and governed by the Georgia State Lottery.

 

About Quantum International Income Corp.

Quantum International Income Corporation seeks opportunities to acquire control positions in businesses in order to generate capital appreciation and stable distributions for its shareholders in the future. Quantum seeks to acquire operating businesses with a proven track record, an opportunity for growth and whose management wishes to continue to operate the business going forward. The company’s investment approach is to grow through the acquisition of “platform” businesses that are consistent with its business strategy and acquisition criteria and then to continue to build revenues and earnings within these businesses. Potential acquisition targets may be private or public companies in a variety of industries, including Gaming and US Healthcare, thereby allowing for diversification.  Once acquired, value will be created by seeking out consolidation opportunities or high growth, high margin organic growth opportunities, where the acquired businesses can maintain and develop the deep knowledge, expertise and understanding of their customers’ needs.


About Trive

Trive Capital is a Dallas, Texas based private equity firm with more than $7 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.

The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across Trive’s targeted industry sectors and situations.

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