Innovative Concepts in Entertainment, Inc.
Innovative Concepts in Entertainment, Inc. (ICE) is the leading manufacturer of coin-operated amusement games in North America. Founded in 1982, ICE is best known for its SuperChexx “bubble hockey” game, and has experienced significant success with highly popular ticket redemption games, including: Cyclone, ICE Ball, Monopoly, Wheel of Fortune, NFL 2-Minute Drill, NBA Hoops and Deal or No Deal. The Company’s games and amusements can be found globally at family entertainment centers, location-based entertainment centers, and various other venues. Under the direction of founder and President Ralph Coppola, ICE has developed from a single-product company to an industry leader, with the most complete product line of coin-operated games and a global distribution channel. F.N.B. Capital provided $5MM mezzanine financing to assist Mr. Coppola and his management team in reacquiring 100% of ICE’s stock. Additional information can be obtained by visiting the Company’s website at www.icegame.com.
F.N.B. Capital Corporation was successfully recapitalized out of the transaction in November 2010.