S&C Advises the Management of Affinity Gaming in the Acquisition of Affinity Gaming by Z Capital Partners Affiliates

August 23, 2016

S&C advised the management of Affinity Gaming in the acquisition of Affinity Gaming by affiliates of Z Capital Partners LLC in an all-cash transaction that values Affinity Gaming at approximately $580 million. The transaction is expected to close in the first quarter of 2017, subject to approval by Affinity Gaming shareholders, regulatory approvals, expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions.
 
Affinity Gaming is a diversified casino gaming operator that owns 11 casinos, with five in Nevada that include the Silver Sevens and three Primm properties. Z Capital Partners is the private equity arm of Z Capital Group LLC, and a leading global alternative investment manager focused on opportunistic, value-oriented private equity and credit funds.
 
The S&C team advising the management of Affinity Gaming was led by Steve Kotran and Matt Friestedt.