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Accel Entertainment Acquires 85% Stake in Toucan Gaming, LSM Gaming for $40 Million
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Accel Entertainment Acquires 85% Stake in Toucan Gaming, LSM Gaming for $40 Million
Nov 6, 2024 6:40 AM

10:46 AM EST, 11/05/2024 (MT Newswires) -- Accel Entertainment ( ACEL ) said Tuesday that it completed the acquisition of an 85% stake in Toucan Gaming and LSM Gaming for about $40 million.

The combined business will operate as Toucan Gaming and will be headed by Toucan Chief Executive Stan Guidroz, who owns the remaining 15% stake in Toucan, according to Accel.

The acquisition will add 13 truck stop locations with 450 terminals and 60 3-machine locations across Louisiana, Accel said.

Price: 11.08, Change: +0.05, Percent Change: +0.45

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