Z Capital Partners $580 million acquisition of Affinity Gaming

Overview:

• Private equity firm Z Capital Partners has acquired Las Vegas-based gaming operator Affinity Gaming in a $580 million deal.
• Prior to the announcement of buying all outstanding shares, Z Capital had owned 41% of Affinity Gaming.
• Affinity Gaming runs 11 casinos in the US, five of them in Nevada.
• Sidley Austin (Vijay Sekhon, Kelly Dybala) advised Z Capital.
• Morrison & Foerster (Brandon Parris, Michael O'Bryan) represented the Z Capital Special Committee.
• Sullivan & Cromwell (Stephen Kotran) advised Affinity Gaming.
• Debevoise & Plimpton (Andrew Bab) represented Special Committee financial adviser Deutsche Bank.

Kurt Stumpo - Journalist - North America and the Caribbean