Macquarie Group

Light & Wonder Reaches Agreement to Acquire Remaining Public Shares of SciPlay

Retrieved on: 
Tuesday, August 8, 2023

Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or “L&W”) and SciPlay Corporation (NASDAQ: SCPL) (“SciPlay”) today announced that they have entered into a definitive agreement under which Light & Wonder will acquire the remaining approximately 17% equity interest in SciPlay that it does not currently own for $22.95 per share in an all-cash transaction (the “Transaction”).

Key Points: 
  • Light & Wonder, Inc. (NASDAQ and ASX: LNW) (“Light & Wonder” or “L&W”) and SciPlay Corporation (NASDAQ: SCPL) (“SciPlay”) today announced that they have entered into a definitive agreement under which Light & Wonder will acquire the remaining approximately 17% equity interest in SciPlay that it does not currently own for $22.95 per share in an all-cash transaction (the “Transaction”).
  • “We are excited to fully unite SciPlay with Light & Wonder, further accelerating our cross-platform strategy and creating an even stronger and more efficient platform for growth,” said Matt Wilson, President and Chief Executive Officer of Light & Wonder.
  • Macquarie Capital is serving as financial advisor and Cravath, Swaine & Moore LLP is serving as legal advisor to Light & Wonder.
  • Lazard is serving as financial advisor and Sullivan & Cromwell LLP is serving as legal advisor to the SciPlay Special Committee.

Simon Data Raises Series D Funding Round to Further Develop World’s First Fully-Connected CDP

Retrieved on: 
Tuesday, August 8, 2023

Simon Data , the leading customer data platform (CDP), announced today the successful completion of its Series D funding round, securing $54 million in investment.

Key Points: 
  • Simon Data , the leading customer data platform (CDP), announced today the successful completion of its Series D funding round, securing $54 million in investment.
  • The investment will further propel Simon Data's product development, enabling the company to continue building connected applications with other cloud data warehouses and provide more customers with a fully-connected CDP.
  • In traditional CDP architectures, customer data is replicated multiple times as it moves across data centers and marketing end channels.
  • "This funding round signifies a pivotal moment for Simon Data and the industry at large,” said Jason Davis, CEO and Co-Founder of Simon Data.

Macquarie Leads $275 Million Syndicated Financing for Precious Metals Merchant Auramet

Retrieved on: 
Friday, August 4, 2023

Auramet International, Inc. (“Auramet”), a leading precious metals merchant, is pleased to announce that it has closed a $275 million syndicated revolving credit facility (the “Facility”) led by Macquarie Bank Limited (“Macquarie”).

Key Points: 
  • Auramet International, Inc. (“Auramet”), a leading precious metals merchant, is pleased to announce that it has closed a $275 million syndicated revolving credit facility (the “Facility”) led by Macquarie Bank Limited (“Macquarie”).
  • Macquarie acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well oversubscribed.
  • Auramet was pleased to expand its lender group to include Wells Fargo Bank.
  • The continued strong support of our banks is an important part of our business and Auramet appreciates the long-standing relationships we have with experienced and responsive bankers that understand our markets.” – Mark Edelstein, Auramet CFO

FIBRA Macquarie Celebrates Groundbreaking of Industrial Development Project in Tijuana

Retrieved on: 
Friday, August 4, 2023

FIBRA Macquarie México (FIBRA Macquarie) (BMV: FIBRAMQ) announces a groundbreaking event for its industrial development project in the high demand market of Tijuana, Baja California, which is taking place on August 3, 2023.

Key Points: 
  • FIBRA Macquarie México (FIBRA Macquarie) (BMV: FIBRAMQ) announces a groundbreaking event for its industrial development project in the high demand market of Tijuana, Baja California, which is taking place on August 3, 2023.
  • The project encompasses the development of a 25 hectare parcel of land in the strategic submarket of Libramiento in southwest Tijuana.
  • Once complete, the project will feature three state-of-the-art industrial buildings, comprising 875 thousand square feet, to serve the growing demand for industrial space in northern Mexico.
  • "We are excited to celebrate this milestone with the groundbreaking ceremony of our new industrial development project in Tijuana.

BGL Announces the Sale of Pro Disposal USA to Coastal Waste & Recycling

Retrieved on: 
Wednesday, August 2, 2023

CLEVELAND, Aug. 2, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Pro Disposal USA, LLC (Pro Disposal) to Coastal Waste & Recycling Inc. (Coastal), a portfolio company of Macquarie Asset Management (MAM), an asset management arm of the Australian bank Macquarie Group Limited.

Key Points: 
  • The acquisition of Pro Disposal further expands Coastal's footprint to multiple high-growth markets across the southeastern U.S.
    CLEVELAND, Aug. 2, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Pro Disposal USA, LLC (Pro Disposal) to Coastal Waste & Recycling Inc. (Coastal), a portfolio company of Macquarie Asset Management (MAM), an asset management arm of the Australian bank Macquarie Group Limited.
  • BGL's Environmental Services investment banking team served as the exclusive financial advisor to Pro Disposal in the transaction.
  • Pro Disposal's end-to-end waste management solutions include residential collection, commercial front-load, grapple, roll-off, transfer and processing, portables, and disposal services.
  • The acquisition of Pro Disposal further expands Coastal's footprint to multiple high-growth markets across the southeastern U.S.

AWP SAFETY, BACKED BY KOHLBERG & CO., ANNOUNCES STRATEGIC ACQUISITION OF RHV CAPITAL'S TRAFFIC CONTROL GROUP

Retrieved on: 
Wednesday, August 2, 2023

NORTH CANTON, Ohio, Aug. 2, 2023 /PRNewswire/ -- AWP Safety, North America's leading provider of safety and traffic control solutions, has announced its strategic acquisition of RHV Capital's Traffic Control Group, which is comprised of three regional entities, and Texas Traffic and Barricade. The acquisition further expands AWP Safety's position as the leading traffic control safety company to the North American utility, broadband and infrastructure end-markets. Terms of the transaction were not disclosed. AWP Safety is majority-owned by Kohlberg & Company, a leading private equity firm based in Mount Kisco, NY.

Key Points: 
  • NORTH CANTON, Ohio, Aug. 2, 2023 /PRNewswire/ -- AWP Safety, North America's leading provider of safety and traffic control solutions, has announced its strategic acquisition of RHV Capital's Traffic Control Group, which is comprised of three regional entities, and Texas Traffic and Barricade.
  • The acquisition further expands AWP Safety's position as the leading traffic control safety company to the North American utility, broadband and infrastructure end-markets.
  • "This latest acquisition strengthens our existing leadership in worksite protection services, traffic control planning and equipment sales and rentals.
  • Macquarie Capital served as financial advisors and Bodman PLC served as legal advisors to RHV Capital's Traffic Control Group and Texas Traffic and Barricade on the transaction.

Patriot Battery Metals Announces a C$109 Million Strategic Investment and Memorandum of Understanding with Albemarle Corporation

Retrieved on: 
Tuesday, August 1, 2023

VANCOUVER, British Columbia and SYDNEY, Australia, July 31, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX.V: PMET | ASX: PMT | OTCQX: PMETF | FSE: R9GA) is pleased to announce that it has entered into a subscription agreement with respect to a private placement of approximately C$109 million (the “Strategic Investment”) in Patriot by Albemarle Corporation (“Albemarle”) (NYSE: ALB).

Key Points: 
  • Upon closing of the Strategic Investment, Albemarle will own approximately 4.9% of Patriot’s issued and outstanding Common Shares on a fully-diluted in-the-money basis, or 6.4% on a non-diluted, issued and outstanding basis.
  • The proceeds from the Strategic Investment will be used to accelerate the development activities at the Company’s Corvette Lithium Project (the “Property”) and for general corporate purposes.
  • Blair Way, Company President and CEO, commented: “We could not be more pleased to have welcomed Albemarle to invest in Patriot.
  • Macquarie Capital is acting as financial advisor to Patriot and will receive an advisory fee equal to 3% of the gross proceeds of the Strategic Investment.

Golden Entertainment Completes Sale of Rocky Gap Casino Resort for $260 Million

Retrieved on: 
Tuesday, July 25, 2023

Golden Entertainment, Inc. (NASDAQ: GDEN) (“Golden” or the “Company”) announced today that it completed the previously disclosed sale of Rocky Gap Casino Resort (“Rocky Gap”) for aggregate cash consideration of approximately $260 million, subject to customary working capital adjustments.

Key Points: 
  • Golden Entertainment, Inc. (NASDAQ: GDEN) (“Golden” or the “Company”) announced today that it completed the previously disclosed sale of Rocky Gap Casino Resort (“Rocky Gap”) for aggregate cash consideration of approximately $260 million, subject to customary working capital adjustments.
  • Pursuant to the terms of the agreements, Century Casinos, Inc. (NASDAQ: CNTY) acquired the operations of Rocky Gap for approximately $56.1 million, subject to customary working capital adjustments, and VICI Properties Inc. (NYSE: VICI) acquired an interest in the land and buildings associated with Rocky Gap for approximately $203.9 million.
  • $175 million of the sale proceeds will be used to repay term loans outstanding.
  • Macquarie Capital acted as exclusive financial advisor, and Latham & Watkins and Duane Morris acted as legal counsels to Golden in connection with the transactions.

Contango ORE Announces Pricing of $30.4 Million Underwritten Public Offering of Common Stock

Retrieved on: 
Monday, July 24, 2023

Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share.

Key Points: 
  • Contango ORE, Inc. (“Contango,” “CORE” or the “Company”) (NYSE American: CTGO), today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 1,600,000 shares of its common stock at a public offering price of $19.00 per share.
  • Gross proceeds from the Offering are expected to be $30.4 million before deducting underwriting discounts, commissions, and estimated Offering expenses.
  • In addition, Contango has granted the underwriters a 30-day option to purchase up to an additional 240,000 shares of common stock.
  • The final terms of the Offering will be disclosed in a final prospectus supplement to be filed with the SEC.

Macquarie Capital Names Advisory Veteran Joseph Gatto as Senior Advisor – Global Consumer and Retail

Retrieved on: 
Tuesday, July 18, 2023

Macquarie Capital , the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced it has named Joseph Gatto as Senior Advisor – Global Consumer and Retail, strengthening the firm’s coverage in the sector.

Key Points: 
  • Macquarie Capital , the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced it has named Joseph Gatto as Senior Advisor – Global Consumer and Retail, strengthening the firm’s coverage in the sector.
  • Mr. Gatto will support Macquarie Capital’s global consumer and retail team advising clients across the food and beverage, household products and personal care, consumer goods and retail sectors.
  • In 2019, Mr. Gatto founded Orient Point Partners, focused on strategic advisory and principal investments in consumer wellness working with corporations, private equity, venture capital firms and founder-led enterprises.
  • His reputation, deep relationships and knowledge of the consumer and retail industries make him a valuable addition to our team,” said David Berman, Co-Head of Macquarie Capital, Americas and Global Head of Consumer, Gaming & Leisure.