Praesepe (company) explained

Praesepe
Foundation:2007
Location City:Milton Keynes
Location Country:UK
Founder:Nick Harding
Industry:Gambling
Parent:Gauselmann
Subsid:Cashino

Praesepe plc, formerly known as Aldgate, is a British bingo, arcade gaming and gambling company formed in 2007 and is based in Milton Keynes.[1] It owns the high street gambling arcade chain Cashino.

History

Praesepe was founded in October 2007 by Nick Harding and a private equity firm Marwyn Partners as Aldgate Capital PLC.[2] [3]

In 2008, the company acquired Shipley Amusements for £25 million.[4]

In autumn 2012, Praesepe became a subsidiary of Gauselmann, the German gaming and gambling company founded by Paul Gauselmann.

Notes and References

  1. Web site: Me and my adviser: Former rivals make up a winning team.
  2. Web site: Aldgate Capital PLC (old name of Praesepe PLC) | Financial Times. www.ft.com.
  3. Web site: About Us. Praesepe. 22 April 2015. https://web.archive.org/web/20150520114159/http://praesepeplc.com/history-of-the-company/. 20 May 2015. dead.
  4. Web site: Aldgate diversifies gaming portfolio with £25m takeover of amusement arcade brand. 8 July 2008. Business Live.

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