Levine Leichtman sells stake in Magnolia Bluffs

By Luisa Beltran — 6 months ago

Levine Leichtman Capital Partners said Wednesday it exited its investment in Casino Holding Investment Partners which does business as “Magnolia Bluffs.” Natchez, Mississippi-based Magnolia Bluffs consists of a 16,000 square foot casino and two restaurants.


Levine Leichtman Capital exits Dexter Magnetic

By Luisa Beltran — 11 months ago

Levine Leichtman Capital Partners said Monday it closed the sale of Dexter Magnetic Technologies to Robert Family Holdings Inc. Financial terms weren’t announced. Elk Grove Village, Illinois-based Dexter designs, makes and provides highly-engineered magnetic solutions. Lazard Middle Market LLC advised Dexter.


LLCP’s Smith completes dividend recap

By Iris Dorbian — 1 year ago

Smith System Driver Improvement Institute, a portfolio company of Levine Leichtman Capital Partners, has completed a dividend recap. Bank of Ireland provided a $35 million senior credit facility for the transaction. Based in Arlington, Texas, Smith is a provider of accident avoidance training for fleet vehicle drivers.


Inverness Graham completes Nobles Worldwide sale

By Angela Sormani — 2 years ago

Inverness Graham Investments has sold NOBLES Worldwide, Inc. Based in St Croix Falls, WI, Nobles is provides flex chutes that are used in a variety of air, naval and ground military applications. Levine Leichtman Capital partnered with management to acquire the business.


Levine Leichtman Exits Harlow’s Casino

By PEHub Administrator — 5 years ago

Consumer-centric private equity firm Levine Leichtman exited its Harlow’s Casino Resort & Hotel investment, selling the gaming business to listed, Kentucky-based Churchill Downs Inc. in a $138 million deal. Houlihan Lokey advised on the transaction. The sale netted the sponsor a 29% IRR and a 2.3x cash-on-cash return. The deal is the second of two exits for the private equity firms in the gaming space. Previously, Levine Leichtman also held a stake in Mikohn Gaming Group.