M&A Deal Summary

RCI Hospitality Holdings Acquires Platinum Plus The Gentleman s Choice

On June 16, 2025, RCI Hospitality Holdings acquired leisure company Platinum Plus The Gentleman s Choice for 2M USD

Acquisition Highlights
  • This is RCI Hospitality Holdings’ 1st transaction in the Leisure sector.
  • This is RCI Hospitality Holdings’ largest (disclosed) transaction.
  • This is RCI Hospitality Holdings’ 1st transaction in the United States.
  • This is RCI Hospitality Holdings’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2025-06-16
Target Platinum Plus The Gentleman s Choice
Sector Leisure
Buyer(s) RCI Hospitality Holdings
Deal Type Add-on Acquisition
Deal Value 2M USD

Target

Platinum Plus The Gentleman s Choice

Allentown, Pennsylvania, United States
Platinum Plus The Gentleman's Choice is a nude gentlemen’s club in the Lehigh Valley offering two full bars, chef-created foods, two elevated VIP areas. Platinum Plus The Gentleman's Choice is based in Allentown, Pennsylvania.

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Buyer(S) 1

Buyer

RCI Hospitality Holdings

Houston, Texas, United States

Category Company
Founded 1983
Sector Life Science
Employees3,613
Revenue 295M USD (2024)
DESCRIPTION

RCI Hospitality Holdings operates a portfolio of adult nightclubs and themed sports-bar restaurants. RCI Hospitality Holdings was founded in 1983 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Leisure M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 1