M&A Deal Summary

BIL Gaming Operations UK Acquires The Clermont Club

On August 25, 2006, BIL Gaming Operations UK acquired leisure company The Clermont Club from Grosvenor Casinos for 31M GBP

Acquisition Highlights
  • This is BIL Gaming Operations UK’s 1st transaction in the Leisure sector.
  • This is BIL Gaming Operations UK’s largest (disclosed) transaction.
  • This is BIL Gaming Operations UK’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2006-08-25
Target The Clermont Club
Sector Leisure
Buyer(s) BIL Gaming Operations UK
Sellers(s) Grosvenor Casinos
Deal Type Divestiture
Deal Value 31M GBP

Target

The Clermont Club

United Kingdom
The Clermont Club, one of London's best-known casinos is situated at 44 Berkeley Square in the capital's West End.

Search 200,577 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

BIL Gaming Operations UK

United Kingdom
Category Company
Sector Leisure
DESCRIPTION

BIL Gaming Operations UK Ltd. is awholly owned subsidiary of BIL International Ltd., which provides casino services in UK.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Grosvenor Casinos

Maidenhead, United Kingdom
Category Company
Founded 1966
Sector Leisure
DESCRIPTION

Grosvenor Casinos Limited, a subsidiary of The Rank Group Plc provides gaming and leisure services.

DEAL STATS #
Overall 1 of 1
Sector (Leisure) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1990-01-01 The Clermont Club

United Kingdom

The Clermont Club, one of London's best-known casinos is situated at 44 Berkeley Square in the capital's West End.

Buy -
Mergr

Product

Company

Legal