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Kekst CNC is handling Twin River Worldwide Holdings' $180M deals to buy gambling casinos from Eldorado Resorts (Shreveport and Lake Tahoe) and Caesars Entertainment (Atlantic City).
The deal expands the marketing footprint of Twin River, which owns/manages seven casinos in Rhode Island, Delaware and Mississippi.
George Papanier, CEO of Providence-based Twin River, said the transactions presented a unique opportunity to execute the company's "expansion and diversification strategy at attractive valuation multiples."
He said despite uncertainties surrounding the COVID-19 pandemic, Twin River continues to position for long-term growth and profitability.
The New York Stock Exchange-listed company posted a 19.7 percent rise in 2019 revenues to $523.6M and registered a 22.8 percent drop in net to $55.1M.
Kekst CNC has Liz Cohan and Connor Moriarty working the Twin River business.
Joele Frank represents Confluent Inc. as the Mountain View, CA-based data streaming platform company agrees to be acquired by IBM in a deal with an enterprise value of $11B.
Tom Johnson, who has headed H/Advisors Abernathy since 2016, will join FGS Global as global head of private capital & financial services, effective Dec. 16.
Brunswick Group and Gagnier Communications are handling Paramount’s $30 cash per-share offer for all of Warner Bros Discovery, topping Netflix $27.50 cash/stock transaction.
ICR Inc. handles communications for Enhanced Ltd, which plans to run Olympic-type competitions with athletes using performance-enhancing drugs, as it goes public in a SPAC deal valued at $1.2B via a merger with A Paradise Acquisition Corp. of Hong Kong.
C Street Advisory Group handles strategic communications duties for American Signature Inc. as the Columbus-based home furnishings retailer declares Chapter 11.
