---
schema_version: "secwatch.filing_event.v1"
accession: "0001698991-24-000044"
form_type: "8-K"
ticker: "ACEL"
cik: "0001698991"
company_name: "Accel Entertainment, Inc."
filed_at: "2024-11-05T23:59:59+00:00"
generated_at: "2026-05-30T05:24:34.570542+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Accel Entertainment completes $40M acquisition of 85% of Toucan Gaming, expanding into Louisiana

## Summary
- Acquired 85% of Toucan Gaming and LSM Gaming for ~$40M; Toucan CEO Stan Guidroz retains 15%.
- Toucan expected to generate ~$25M revenue and $6M Adjusted EBITDA in 2025.
- Adds 13 truck stop locations with 450 terminals and 60 three-machine locations with 180 terminals.
- Accel expands into southeastern U.S. via this acquisition; Toucan brand continues under Guidroz.

## SEC filing metadata
- accession: 0001698991-24-000044
- form_type: 8-K
- ticker: ACEL
- cik: 0001698991
- company_name: Accel Entertainment, Inc.
- filed_at: 2024-11-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1698991/000169899124000044/0001698991-24-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1698991/000169899124000044/acel-20241105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001698991-24-000044
- JSON: https://secwatch.observer/filing/0001698991-24-000044.json
- Plain text: https://secwatch.observer/filing/0001698991-24-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.