.
MergerLinks Header Logo

New Deal


Announced

Completed

Hard Rock International completed the acquisition of a majority stake in Spectacle Gary.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For85%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Acquisition

Completed

Friendly

Single Bidder

United States

casino

Casinos and Gambling

Majority

Private

Domestic

Synopsis

Edit

Hard Rock International, a chain of theme bar restaurants, memorabilia shops, casinos, and museums, completed the acquisition of a majority stake in Spectacle Gary, the company that owns the Hard Rock Casino Northern Indiana. Financial terms were not disclosed. The Hard Rock takeover of the Gary casino comes after former Spectacle CEO Rod Ratcliff agreed to give up his ownership stake and state casino license, ending more than a decade as a heavyweight in Indiana’s gambling industry.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US