Investment Summary

Clairvest Group Invests In THE-BIGM

On January 20, 2012, private equity firm Clairvest Group invested in gaming company THE-BIGM

Investment Highlights
  • This is Clairvest Group’s 4th transaction in the Gaming sector.
  • This is Clairvest Group’s 10th transaction in the United States.
  • This is Clairvest Group’s 1st transaction in New Jersey.

Investment Summary

Date 2012-01-20
Target THE-BIGM
Sector Gaming
Investor(s) Clairvest Group
Deal Type Growth Capital

Target

THE-BIGM

East Rutherford, New Jersey, United States
THE-BIGM is North America’s premier standardbred horse racing track. The track hosts harness racing and are home to the Hambletonian, the preeminent race in the standardbred racing season. THE-BIGM was founded in 1976 and is located in East Rutherford, New Jersey.

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Investor(S) 1

Investor

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 25 of 57
Sector: Gaming M&A 4 of 6
Type: Growth Capital M&A Deals 3 of 20
State: New Jersey M&A 1 of 2
Country: United States M&A 10 of 32
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-31 Linen King

Tulsa, Oklahoma, United States

Linen King is a provider of outsourced healthcare laundry services to hospitals and healthcare facilities across the mid-South US. Linen King was established in 1999 and is based in Tulsa, Oklahoma.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-21 Aptum Technologies

Toronto, Ontario, Canada

Aptum Technologies is a provider of outsourced internet infrastructure in the form of colocation and related managed services to enterprise customers in the US, and to a lesser extent, in Canada. Aptum Technologies was founded in 1996 and is based in Toronto, Ontario.

Sell CA$635M