Clairvest Acquires Delaware Park Racetrack & Slots

November 5, 2021

Clairvest Group Inc., together with Clairvest Equity Partners VI and a Rubico Gaming subsidiary led by Thomas Benninger, completed the acquisition of the Delaware Park racino in Wilmington, Delaware. Clairvest invested US$71 million for a majority interest (CVG’s share US$19 million); the transaction represents a platform investment in the gaming sector and follows the sale by the Rickman family.

Buyers
Clairvest Group Inc., Clairvest Equity Partners VI, Rubico Gaming LLC (subsidiary led by Thomas Benninger)
Targets
Delaware Park (racetrack & slots)
Sellers
Rickman family
Location
Delaware, United States
Transaction Type
Buyout

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