Restaurants & Hospitality Acquisitions in Delaware
Showing 1 transactions.
-
November 5, 2021
- Buyer
- Clairvest Group Inc., Clairvest Equity Partners VI, Rubico Gaming LLC (subsidiary led by Thomas Benninger)
- Target
- Delaware Park (racetrack & slots)
- Seller
- Rickman family
- Industry
- Restaurants & Hospitality
- Location
- Delaware, United States
- Type
- Buyout
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.
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