Apollo Global Management and HPS Investment Partners’ Acquisition of Great Canadian Gaming Corporation

Wildeboer Dellelce LLP acted for CI Global Asset Management. McCarthy Tétrault LLP advised HPS Investment Partners.

Great Canadian Gaming Corporation (TSX: GC) announced that it has entered into an amended arrangement agreement under which the Apollo Funds will acquire all the outstanding Great Canadian common shares for C$45 per share in cash.

Supporting Shareholders include funds managed by BloombergSen, CI Global Asset Management, Burgundy Asset Management Ltd., Madison Avenue Partners, LP, HughesLittle Investment Management Ltd., Newtyn Management LLC, Sand Grove Capital Management LLP, Hawk Ridge Capital Management and Alpine Associates Management Inc.

Founded in 1982, Great Canadian Gaming Corporation is an Ontario based company that operates 26 gaming, entertainment and hospitality facilities in Ontario, British Columbia, New Brunswick, and Nova Scotia.

Apollo is a leading global alternative investment manager.

Wildeboer Dellelce LLP acted for CI Global Asset Management with a team that included Perry Dellelce (Picture), Mark Wilson and Al Wiens.

McCarthy Tétrault LLP advised HPS Investment Partners with a team led by Robert Richardson (M&A) that included Rami Chalabi (Private Equity), Glynnis Morgan and Cam Belsher (Gaming Regulatory), Raj Juneja (Tax), Oliver Borgers and Jonathan Bitran (Competition/Antitrust).

Involved fees earner: Cameron Belsher – McCarthy Tétrault; Jonathan Bitran – McCarthy Tétrault; Oliver Borgers – McCarthy Tétrault; Rami Chalabi – McCarthy Tétrault; Raj Juneja – McCarthy Tétrault; Glynnis Morgan – McCarthy Tétrault; Robert Richardson – McCarthy Tétrault; Perry Dellelce – Wildeboer Dellelce LLP; Al Wiens – Wildeboer Dellelce LLP; Mark Wilson – Wildeboer Dellelce LLP;

Law Firms: McCarthy Tétrault; Wildeboer Dellelce LLP;

Clients: CI Global Asset Management; HPS Investment Partners LLC;

Author: Naoual Sadouqi

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