RCI Hospitality Acquires Platinum West Gentlemen's Club

RCI Hospitality Holdings Acquires Platinum Plus Gentlemen's Club (Allentown, PA)

June 16, 2025

Restaurants & Hospitality

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) closed the acquisition of Platinum Plus Gentlemen's Club in Allentown, Pennsylvania for $2.0 million ( $1.5M cash and $0.5M seller financing). The 15,000-square-foot club will operate under RCI's nightclub portfolio and expand the company's presence in the Northeastern U.S.; executive management from the acquired club will remain in place.

RCI Hospitality Holdings Acquires Flight Club (Inkster, MI)

January 22, 2025

Restaurants & Hospitality

RCI Hospitality Holdings, Inc. (Nasdaq: RICK) has closed the acquisition of Flight Club, a two-story, 10,000-square-foot gentlemen's club in Inkster (Metro Detroit). The purchase totaled $11.0 million (including $3.0M cash + $5.0M seller financing for the club and $3.0M cash for real estate); RCI expects the club to contribute roughly $2.0 million in annualized adjusted EBITDA and to benefit from RCI's marketing, purchasing and systems capabilities.

The Sports Facilities Companies Acquires RCI Sports Management

February 12, 2026

Professional Services

The Sports Facilities Companies (SFC) announced it has acquired RCI Sports Management, a Texas-based firm providing facility management, sponsorship activation, and event-driven revenue strategies. The acquisition is intended to expand SFC’s national footprint by integrating RCI-managed venues and operating agreements into SFC’s platform across Texas, Kansas, and the central U.S.

KSL Capital Partners Acquires The Westin Hilton Head Island Resort & Spa

September 25, 2025

Real Estate

KSL Capital Partners affiliates, via its Tactical Opportunities Fund, acquired The Westin Hilton Head Island Resort & Spa; terms were not disclosed. The oceanfront resort on Hilton Head Island features roughly 420 refreshed rooms, extensive event space and wellness amenities — the deal expands KSL’s travel & leisure portfolio with a high-quality beachfront asset in the Southeast United States.

Platinum Realty / United Real Estate Integrate SunWest Real Estate Advisors in Kansas City

December 17, 2024

Real Estate

Platinum Realty announced that SunWest Real Estate Advisors has joined its Kansas City operations, bringing SunWest’s luxury portfolio and agents into Platinum’s Midwest platform and national partner, United Real Estate. The deal expands Platinum’s luxury offerings and market presence in the Kansas City / Midwest region while giving SunWest agents access to United’s technology, benefits and national referral network.

CI Financial Completes RIA Acquisitions and Minority Stakes in Alternative Asset Managers

November 10, 2021

Financial Services

CI Financial Corp. completed six transactions to grow its U.S. CI Private Wealth business, including the acquisitions of four registered investment advisor (RIA) firms: Columbia Pacific Wealth Management, Gofen & Glossberg, RegentAtlantic Capital, and R.H. Bluestein & Co. CI also completed minority-stake investments in Columbia Pacific Advisors and GLAS Funds. The transactions were previously announced in November–December 2021 and closed by December 31, 2021.