MGM Northfield Park Acquired by Clairvest | Consumer M&A Deal

Clairvest has completed the acquisition of MGM Northfield Park, a consumer other business in Ohio, for US$165 million. MGM Northfield Park operates a land-based gaming venue in the Northfield Park Racino market, supporting regional entertainment and wagering demand. Clairvest acquisitions in consumer M&A focus on platform acquisition opportunities in OH acquisitions, including gaming operations through partnerships with experienced operators. The platform acquisition is a private equity acquisition with majority ownership, with Clairvest Equity Partners VII and RRC Gaming Management LLC participating, and the deal size totals US$165 million for Clairvest plus US$39 million invested by CVG.