Accel Entertainment closes $164.2M Century Gaming acquisition; adds 8,300+ terminals

Accel Entertainment, Inc.

Total consideration $164.2M: $45.5M cash, $113.2M debt repayment, 515,622 shares of ACEL common stock.
Adds over 900 licensed locations and 8,300 gaming terminals across Montana and Nevada.
Acquisition includes Grand Vision Gaming manufacturing and i-Rewards/Gamblers Bonus programs.
Century's leadership team (CEO Steve Arntzen, CFO Heidi Schmalz, GVG MD Merle Frank) will remain in place.
Financed via $160M draw from existing revolving credit and delayed draw term loan facilities.

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