Salt Creek Capital Acquires Thermal Printer Maker Nanoptix

Firm targets growth in global gaming, lottery, and kiosk printer markets

Nanoptix designs and manufactures thermal printing hardware used in high-transaction settings such as casinos, self-service terminals, and amusement systems.
Nanoptix designs and manufactures thermal printing hardware used in high-transaction settings such as casinos, self-service terminals, and amusement systems.

Salt Creek Capital has acquired a controlling interest in Nanoptix, a manufacturer of thermal printing technologies serving the global gaming, lottery, and kiosk industries. The transaction involves the sale of a majority stake by company founder and CEO Daniel Vienneau, who is stepping into an advisory position.

Nanoptix designs and manufactures thermal printing hardware used in high-transaction settings such as casinos, self-service terminals, and amusement systems. Its products include Ticket-In Ticket-Out (TITO) printers, roll stock printers, desktop printers, high-speed couponing printers, and kiosk-based printing platforms. Customers include original equipment manufacturers and operators across six continents who require reliable, performance-driven printers in mission-critical settings.

Founded in 1996 by Daniel Vienneau and headquartered in Dieppe, New Brunswick, Nanoptix is led by CEO Jacques LeBlanc, who previously served as CFO for 17 years. The company’s technology supports diverse applications in point-of-sale systems, lottery machines, and self-service kiosks.

“Nanoptix’s sale to Salt Creek Capital exemplifies the hard work and dedication of our cohesive management team and employees over the past 29 years, who have established the Company as a highly respected global supplier of printing technologies to the gaming industry,” said Mr. Vienneau. “I’m incredibly proud of the company we have built through industry-leading innovation, product performance and reliability, combined with deeply established customer relationships with both original equipment manufacturers of slot machines and other gaming devices, as well as casino operators across multiple continents.”

“We are excited to partner with Nanoptix and support the seasoned management team as they lead the company forward,” said Gary Kurnov, a principal of Salt Creek Capital. “Nanoptix has demonstrated consistent growth by delivering uncompromising reliability for mission-critical transactions of operators in the casino, lottery, betting, and amusement industries. The transaction will enable Salt Creek Capital and the Nanoptix team to capitalize on the company’s solid foundation to continue expanding market share within existing verticals and take advantage of attractive, new opportunities supported by the company’s expanding product line and customer reach.”

Salt Creek invests in North American-headquartered companies with revenues ranging from $5 million to $150 million. Sectors of interest include manufacturing, logistics, value-added distribution, B2B and B2C services, food and beverage, healthcare, retail, and hospitality. The firm is headquartered near Menlo Park in Woodside, California.