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Accel Entertainment, Inc. completes acquisition of 85% ownership interests of Toucan Gaming, LLC and LSM Gaming, LLC in Louisiana

PUBLIC · ACELNov 05, 2024

Acquiring Company

Accel Entertainment

Acquired Company

Toucan Gaming

Burr RidgeGreenwoodOtherGamingGaming

Description

Accel Entertainment, Inc. has completed the acquisition of 85% ownership interests of Toucan Gaming, LLC and LSM Gaming, LLC, two Louisiana-based route operators and owners of multiple licensed video poker establishments. The combined business will operate as Toucan Gaming throughout Louisiana and will be led by Stan Guidroz, with the aim of expanding Accel’s presence both organically and through acquisitions in the attractive southeastern U.S.

Quick answer

Accel Entertainment is acquiring Toucan Gaming, announced November 5, 2024. Accel Entertainment is based in Burr Ridge, Illinois, United States.

How much did Accel Entertainment pay for Toucan Gaming?
The deal value was not disclosed.
What does Accel Entertainment do?
Accel Entertainment, Inc. (NYSE: ACEL) is the nation’s premier provider of locals-focused gaming, operating more than 27,000 legal and regulated electronic gaming machines in over 4,400 third-party owned neighborhood..
Where are Accel Entertainment and Toucan Gaming based?
Accel Entertainment is based in Burr Ridge, Illinois, United States. Toucan Gaming is based in Greenwood, Indiana, United States.
Who are the decision-makers at Accel Entertainment?
Fundz holds 2 contacts at Accel Entertainment. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Accel Entertainment

Location

140 TOWER DRIVE

Burr Ridge, Illinois, United States

About

Accel Entertainment, Inc. (NYSE: ACEL) is the nation’s premier provider of locals-focused gaming, operating more than 27,000 legal and regulated electronic gaming machines in over 4,400 third-party owned neighborhood businesses across 10 states, along with 20 owned and operated gaming locations and a racino. By partnering with small business owners and local governments, Accel creates entertaining, accessible, and safe gaming experiences that deliver real benefits to communities, including $325 million in annual tax contributions in 2024 and support for tens of thousands of jobs across the local communities we serve.

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Frequently asked

Who acquired Toucan Gaming?

Toucan Gaming was acquired by Accel Entertainment, based in Burr Ridge. The deal was reported on November 5, 2024. Accel Entertainment, Inc. Accel Entertainment is publicly traded (ACEL) and operates in Other.

When did Accel Entertainment acquire Toucan Gaming?

Accel Entertainment's acquisition of Toucan Gaming was reported on November 5, 2024. Accel Entertainment, Inc. has completed the acquisition of 85% ownership interests of Toucan Gaming, LLC and LSM Gaming, LLC, two Louisiana-based route operators and owners of multiple licensed video poker establishments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Toucan Gaming do?

Toucan is Louisiana’s fastest growing gaming and amusements provider. It is set apart from others by its entrepreneurial and ambitious team focused on creating outstanding gaming experiences and developing the most profitable gaming locations. It is privately held, operating in Gaming, and is based in Greenwood.

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