TPG Pace Group and Accel Entertainment Announce Record First Half 2019 Results for Accel
TPG PACE HOLDINGS CORP (TPGH)
US:NYSE Investor Relations:
tpg.com/platforms/paceholdings
Company Research
Source: Business Wire
Accel to expand footprint through acquisition of Grand River Jackpot TPG Pace lifts 2020-2021 guidance to reflect acquisition FORT WORTH, Texas & CHICAGO--(BUSINESS WIRE)--TPG Pace Holdings Corp. (“TPG Pace”) (NYSE: TPGH, TPGH.U, TPGH.WS), a special-purpose acquisition company sponsored by an affiliate of TPG, and Accel Entertainment, Inc. (“Accel”), which TPG Pace is under a definitive agreement to acquire, today announced certain financial and operating results for the first half of 2019 for Accel.Accel First Half 2019 Highlights: Revenue of $202 million, up 27% compared to H1 2018Adjusted EBITDA of $40 million, up 29% compared to H1 2018Locations up 18% compared to H1 2018Video game terminals (VGTs) up 20% compared to H1 2018Accel Entertainment CEO Andy Rubenstein commented, “We are extremely pleased with the record numbers we saw across the board in the first half of 2019 both in terms of financial and operational results. We entered the second half of the year with a strong ba
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