M&A Deal Summary

Clairvest Group Acquires Wyoming Downs

On May 17, 2024, private equity firm Clairvest Group acquired media company Wyoming Downs

Acquisition Highlights
  • This is Clairvest Group’s 1st transaction in the Media sector.
  • This is Clairvest Group’s 29th transaction in the United States.
  • This is Clairvest Group’s 1st transaction in Wyoming.

M&A Deal Summary
Date 2024-05-17
Target Wyoming Downs
Sector Media
Buyer(s) Clairvest Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Wyoming Downs

Evanston, Wyoming, United States
Wyoming Downs is a racetrack that offers live simulcast races and historic horse racing games. Wyoming Downs is based in Evanston, Wyoming.

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Buyer(S) 1

Buyer

Clairvest Group

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 4.5B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

Clairvest Group is a generalist Canadian private equity firm focused on mid-market businesses with C$10 to C$50 million of EBITDA. While Clairvest does not have any sector preferences, the Firm prefers fragmented sectors with recurring revenue business models and economies of scale. Clairvest will consider both minority and majority investment positions and invests in the range of C$25- C$100 million per transaction. Clairvest was formed in 1987 and is based in Toronto.

DEAL STATS #
Overall 53 of 53
Sector (Media) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 24 of 24
State (Wyoming) 1 of 1
Country (United States) 29 of 29
Year (2024) 1 of 1
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DATE TARGET DEAL TYPE VALUE
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