Global private equity firm OpenGate Capital is to acquire Canadian entertainment and media company Cineplex’s Player One Amusement Group division (P1AG) for a total transaction value of CAD155m, subject to certain closing adjustments, with the deal expected to close in early 2024.
P1AG is an amusement services provider based in Toronto, Ontario serving customers across Canada and the US. The business provides amusement gaming equipment and outsourced operations and maintenance support to customers. In addition, the business sources, distributes, and maintains amusement gaming equipment for commercial and retail venues across North America.
