Eagle Global

About Eagle Global

Eagle Global Inc. is a women and minority-owned provider of distributed gaming solutions, operating as a Class B Master COAM (Coin Operated Amusement Machine) License holder in Georgia. The company supplies and services skill-based gaming machines for clients such as gas stations, convenience stores, and bars. Its business model operates on a regulated revenue-sharing basis between the location owner, Eagle Global, and the Georgia Lottery Corporation, with no capital expenditure required from their partners.

The firm's core product is an online merchandising kiosk that features skill-based games regulated by the Georgia Lottery Corporation. For their location partners, the benefits include a new revenue stream, increased customer foot traffic, and additional income from player redemptions. The proceeds from the lottery also contribute to local educational programs like Pre-K and the HOPE scholarship.

Founded by CEO Michelle Franklin, the company has focused on growth through both organic expansion and mergers and acquisitions. In March 2022, Eagle Global secured a $50 million financing agreement with Goldman Sachs Asset Management to fund the combination of two COAM businesses, positioning itself as a significant player in the state's industry. This partnership also provides capital for future acquisitions. By October 2022, the company had doubled its customer base and expanded its executive team, appointing Michael Shanahan as Chief Financial and Operating Officer and Sachin Malhotra as Vice President.