© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Great Canadian Gaming’s Acquisition of Casino New Brunswick
Posted 28th May 2015

Great Canadian Gaming’s Acquisition of Casino New Brunswick

Great Canadian Gaming's Acquisition of Casino New Brunswick

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Great Canadian Gaming’s Acquisition of Casino New Brunswick

Great Canadian Gaming’s Acquisition of Casino New Brunswick

View Biography
Image

Leo Raffin, Legal Adviser
to Great Canadian Gaming

Great Canadian Gaming Corp [TSX: GC] has agreed to purchase Casino New Brunswick, a casino, hotel and multi-use entertainment and convention centre located in Moncton, New Brunswick, for about $95 million.

The sellers in the transaction are Canadian private equity firm Clairvest Group, which invested in the company in 2008, and Sonco Gaming New Brunswick Ltd. The deal is expected to close in the fall of 2015, subject to the approval of regulators. In a statement, Clairvest said it expects to receive gross proceeds of about $55 million from the company’s sale. Based in Richmond, British Columbia, Great Canadian Gaming operates gaming facilities in Canada and the United States.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Money Grows: Increasing Your Capital
News
13/03/2023Money Grows: Increasing Your Capital

It can be reassuring to know that you are able to pay the bills and still have some cash left over at the end of the month. However, for many people, the last few days before payday can result in loans or credit cards being relied upon.

Read Full PostRead - Eye Icon
Where It Counts
Finance
01/11/2019Where It Counts

Based in Broken Arrow, Oklahoma, it’s surprising that IRON Tax is one of the few firms that specialises in the new field of cannabis accounting. We caught up with CEO Roger McCloud to find out more.

Read Full PostRead - Eye Icon
How Machine Learning Is Transforming Financial Risk Management
News
26/07/2024How Machine Learning Is Transforming Financial Risk Management

Machine learning (ML) is leaving a market on all sorts of everyday business practices, and the wrangling of financial risks is one of the most noteworthy examples of how this tech can make a difference.

Read Full PostRead - Eye Icon
£1.2m Acquisition Finance Package Shows Market is Alive and well
Finance
06/07/2016£1.2m Acquisition Finance Package Shows Market is Alive and well

Avamore Capital, the specialist provider of short term finance for property developers and investors, has closed a £1.2m loan facility for Magna Group to enable them to acquire an existing office building in Godalming, Surrey.

Read Full PostRead - Eye Icon
Heilind Acquires German Distributor MPS Group
M&A
29/04/2015Heilind Acquires German Distributor MPS Group

Heilind Electronics, one of the world's largest distributors of interconnect products, has acquired MPS Group, a leading distributor of electronic components and manufacturer of cable assemblies for the European Mil-Aero Marketplace.

Read Full PostRead - Eye Icon
Zenith Hygiene Group Enters into Formal Agreement to Acquire CCL Pentasol
M&A
17/06/2016Zenith Hygiene Group Enters into Formal Agreement to Acquire CCL Pentasol

Acquisition will allow Zenith Hygiene to enter new markets, further strengthening its position in the UK and driving value for its customers.

Read Full PostRead - Eye Icon
2016 Most Innovative Business Leader
Innovation
30/06/20162016 Most Innovative Business Leader

Skaltek is a highly renowned manufacturer of equipment to the cable and wire industry, with customers in all four corners of the globe.

Read Full PostRead - Eye Icon
How to Make Sure Your Remote Team is Cyber Secure
News
29/04/2022How to Make Sure Your Remote Team is Cyber Secure

As more and more businesses go remote, it’s important to make sure your team is cyber secure at all times. Here are the top ten ways to do just that. Monitor your data centre Whether your team is using a cloud-based service or you are relying on a physic

Read Full PostRead - Eye Icon
Can I Sign Documents Remotely While Self-Isolating?
Legal
17/03/2020Can I Sign Documents Remotely While Self-Isolating?

With many businesses reviewing business continuity policies in light of COVID-19, Jonathan Askin, corporate and commercial partner at JMW Solicitors, thought it might be helpful to set out to how e-signatures work so that this can be built into planning proced



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow