Clairvest to exit stake in Casino New Brunswick

Clairvest Group has agreed to sell its stake in Casino New Brunswick, a Canadian casino and hotel complex, to Great Canadian Gaming Corp. If the deal closes according to “anticipated terms,” Clairvest will receive about C$55 million in proceeds. The other seller in the transaction is Sonco Gaming New Brunswick Limited Partnership. In a separate statement, Great Canadian Gaming Corp said it has agreed to buy Casino New Brunswick for about C$95 million.


Clairvest backs Winter Bros. of Long Island

Clairvest Group Inc has invested $25.6 million in Winter Bros. Waste Systems of Long Island Holdings LLC. Winter Bros. of Long Island provides commercial, industrial and residential waste collection services. It also runs a network of recycling facilities across Long Island, NY.

Brice beefs up stake in Clairvest

Brice has increased its stake in Canadian private equity firm Clairvest Group. According to terms of the transaction, Brice bought 39,200 common shares in Clairvest at a price of $25 per share. Brice currently owns 61,700 common shares in Clairvest.

Clairvest invests $15m in Cieslok Media

Clairvest Group has made a $15 million investment in Cieslok Media, formerly Titan Outdoor Canada Company. Cieslok Media is a Canadian outdoor advertising firm, operating predominantly large format digital and static billboards throughout major cities in Canada. Clairvest’s portion of the investment is $4 million.

Clairvest Backs County Waste

Clairvest Group, Clairvest Equity Partners IV Limited Partnership and Clairvest Equity Partners IV-A Limited Partnership have announced a combined US$15 million investment in County Waste of Virginia. County Waste is a private regional solid waste management company based in West Point, Virginia.

Clairvest Closes Fund with $467M

Canadian private equity firm Clairvest Group Inc. has closed its fourth fund, Clairvest Equity Partners IV LP, with $467 million of committed capital. The fund closed with 17% more than the firm’s original $400 million target, the firm said. NovaFund Advisors acted as Clairvest’s placement agent outside of Canada. PRESS RELEASE Clairvest Group Inc. (TSX: […]

Clairvest Group, Clairvest Equity Partners III Reorganizes Chilean Investments

Clairvest Group Inc. sold Casino Marina del Sol, Latin Gaming Chile S.A. and Latin Gaming Osorno S.A. at original cost to a Chile Holdings for $15.9 million and a 35.6 percent stake in the new holding company. Additionally, Clairvest Equity Partners III LP sold its investment in Casino Marina del Sol to Chile Holdings at cost and received a 40.9 percent in the holding company.

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