NewsFlash
The Market Place
The Directory
The Office
Events Calendar
Travel Information
NewsFlash
E-mail
Chat Room
Dictionary
Area Codes / Zip Codes
Tracking Shipments
Bulletin Boards / Forums
Advertise Here
Contact Us

This website maintained by

CoinopTODAY.com.
Material Copyright © 1995-2006 CoinopTODAY.com Respective logos , trademarks and copyrights remain the property of the named company’s and corporations

CoinopTODAY.com

---

HAPP HAPP Announces the Acquisition of ProSource Group

Joining the Suzo Happ Group will enable ProSource to continue serving this market

Elk Grove, IL. – HAPP is pleased to announce the acquisition of the ProSource Group, a worldwide distributor and manufacturer to the amusement and gaming industries. The ProSource Group product line consists of coin doors, ticket dispensers, speakers, custom harness assemblies and other related products. The combined company is the global leader in the manufacture and distribution of gaming and amusement parts and accessories, with nearly 400 employees in 14 locations serving customers in over 80 countries. Pfingsten Partners is the majority shareholder.

“This is a another strategic move which will enhance our global leadership position in the gaming and amusement parts and accessories market," says Jim Norton, Managing Director of Pfingsten Partners and Chairman of Suzo-Happ Group. “The continued investment in our business is further evidence of our commitment to exceeding our customers expectations by providing value added solutions to the marketplace,” added Tom Happ, President of Happ North America.

“Our success is the result of being responsive to the needs of the gaming and amusement market”, noted Jeff Blair, President of ProSource. “Joining the Suzo Happ Group will enable ProSource to continue serving this market with additional resources provided by their worldwide manufacturing, distribution and service organization”.

ABOUT HAPP:
Happ was founded in 1986 and is headquartered in Elk Grove Village, IL. The company has additional distribution centers in Las Vegas, Nevada, and Greenville, South Carolina. The company specializes in the manufacturing and distribution of amusement, gaming, vending and industrial parts and accessories. For more information on Happ, visit: www.happcontrols.com.

ABOUT PROSOURCE GROUP:
ProSource Group is a worldwide distribution and manufacturing organization providing components and assemblies for the gaming and coin operated amusement industries. The ProSource product line consists of coin doors, speakers, ticket dispensers, custom wire harnesses and other related components. For more information on the ProSource Group, visit www.prosourcegroup.com.

ABOUT PFINGSTEN PARTNERS:
Deerfield, Ill.-based Pfingsten Partners is an operationally oriented private equity firm formed in 1989 to make equity investments in middle market manufacturing, distribution and specialty publishing companies. Since completing its first investment in 1991, Pfingsten Partners has acquired 43 companies and built value by providing capital, corporate finance and operating resources necessary to improve operations and achieve profitable business growth at its platform companies in partnership with management. For more information on Pfingsten Partners, visit: www.pfingstenpartners.com.