Accel Entertainment Acquires Majority Stake in Toucan Gaming and LSM Gaming

November 5, 2024

Accel Entertainment completed the acquisition of an 85% ownership interest in Toucan Gaming, LLC and LSM Gaming, LLC (collectively "Toucan") for approximately $40 million. The deal expands Accel's footprint into Louisiana — adding 13 truck stop locations (450 terminals) and 60 three-machine locations (180 terminals) — and leaves Stan Guidroz with a 15% interest as CEO to lead the combined business.

Buyers
Accel Entertainment, Inc.
Targets
Toucan Gaming, LLC, LSM Gaming, LLC
Location
Louisiana, United States
Transaction Type
Buyout

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