Divestiture • Leisure

Clairvest Group Acquires MGM Northfield Park

On October 16, 2025, private equity firm Clairvest Group acquired leisure company MGM Northfield Park from MGM Resorts for 546M USD

Acquisition Context
  • This is Clairvest Group’s 2nd transaction in the Leisure sector.
  • This is Clairvest Group’s largest (disclosed) transaction.
  • This is Clairvest Group’s 32nd transaction in the United States.
  • This is Clairvest Group’s 1st transaction in Ohio.

Explore All 120 Divestiture Leisure Deals - Search the Database Free


M&A Deal Summary

Date October 16, 2025
Target MGM Northfield Park
Sector Leisure
Buyer(s) Clairvest Group
Sellers(s) MGM Resorts
Deal Type Divestiture
Deal Value 546M USD

Target Company

MGM Northfield Park

Northfield, Ohio, United States
MGM Northfield Park encompasses 74,000 square feet of gaming space, which includes 1,600 video lottery terminals, a half-mile standardbred (harness) racetrack, 10 food and beverage outlets, and a 1,820-seat entertainment venue. MGM Northfield Park is based in Northfield, Ohio.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 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 Context for Buyer #
Overall 57 of 57
Sector: Leisure 2 of 2
Type: Divestiture 3 of 3
State: Ohio 1 of 1
Country: United States 32 of 32
Year: 2025 3 of 3
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-21 Beneficial Reuse Management

Chicago, Illinois, United States

Beneficial Reuse Management is a manufacturer and distributor of specialty agricultural and construction products using material sourced from the reusable by-product streams of utilities, municipalities, and industrial companies. Gypsoil provides valuable nutrients and improves soil structure for farmers. Beneficial Reuse Management was formed in 1999 and is based in Chicago, Illinois.

Buy -

Seller Profile 1

SELLER

MGM Resorts

Las Vegas, Nevada, United States

Category Company
Founded 1986
Sector Leisure
Employees60,000
Revenue 17.2B USD (2024)
DESCRIPTION

MGM Resorts owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. MGM Resorts was founded in 1986 and is based in Las Vegas, Nevada.


Deal Context for Seller #
Overall 3 of 3
Sector: Leisure 3 of 3
Type: Divestiture 3 of 3
State: Ohio 1 of 1
Country: United States 3 of 3
Year: 2025 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-24 Tipico s U.S sportsbook and online casino

Las Vegas, Nevada, United States

Tipico's U.S sportsbook and online casino operate a purpose-built proprietary sportsbook across all international markets and brands. Tipico's U.S sportsbook and online casino is based in Las Vegas, Nevada.

Buy -