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Tag Archives: Advent

Chile – Advent to invest US$118m in Enjoy’s casinos in Chile

Private equity investor Advent has announced plans to invest as much as US$118m in casinos in Chile with Coquimbo, Viña del Mar, Pucón and Puerto Varas all being revamped in the next two to three years. In August 2017, US-based private equity firm Advent International announced that it had signed an agreement with the Chilean…

Chile – Enjoy and Advent deal on hold

Chilean casino operator Enjoy has temporarily suspended its agreement with Advent International. The deal was initially agreed upon in September when, after an Extraordinary General Meeting of Shareholders, Enjoy approved a capital increase which would allow its new partner, Advent International, to enter the business and develop a joint venture. According to the terms of…