Global Cash Access Inc., which supplies cash machines to casinos, has closed on the purchase of rival Cash Systems Inc. for $33 million.
The completion of the deal was announced Friday after the market closed. Goldman Sachs & Co. and the law firm Morrison & Foerster LLP advised Global Cash. Deutsche Bank AG's securities unit, Alpine Advisors LLC, and the law firm of Manatt, Phelps & Phillips LLP advised Cash Systems.
Both companies are based in Las Vegas.
When the deal was announced in June, Global Cash said the acquisition would not affect its operating income for this year but would yield an increase next year.
Global Cash Access, which serves about 1,100 casinos and other gambling institutions, said then it expected to gain about 120 customers from the deal. It gained 130 in April with its purchase of Certegy Gaming Services Inc., a Jacksonville, Fla., unit of Fidelity National Information Services Inc.