TPG's SPAC closes merger with Accel Entertainment
TPG Pace Holdings Corp, TPG's blank check company, has closed its merger with Bolingbrook, Illinois-based Accel Entertainment Inc, a gaming-as-a-service provider. No financial terms were disclosed. In connection with the completion of the deal, the company has been renamed Accel Entertainment and will start trading November 21, 2019 on the New York Stock Exchange under the ticker symbol "ACEL." This past summer, Canadian private equity firm Clairvest Group filed a lawsuit to block the merger of portfolio company Accel Entertainment with TPG Pace.
20 November 2019•5 mins read
