#USA #Silver Point #Northfield, Ohio #MGM Northfield Park #Clairvest Group

Silver Point Capital Leads Acquisition Financing

On October 23, 2025, Silver Point Capital, a prominent player in credit investing, announced its leading role in financing the acquisition of MGM Northfield Park by Toronto-based Clairvest Group. This significant deal, valued at $546 million, positions Silver Point as the Lead Arranger and Administrative Agent of the secured credit facility, marking a pivotal moment in the regional gaming landscape.

MGM Northfield Park, currently operated under MGM Resorts International, stands as Ohio's top gaming property by revenue. With its impressive facilities, including 74,000 square feet of gaming space featuring around 1,600 video lottery terminals and a half-mile horse racetrack, the establishment presents a blend of gaming, dining, and entertainment experiences for visitors.

The acquisition transaction is set to finalize and fund in the first half of 2026, contingent upon obtaining standard regulatory and licensing approvals. Anthony DiNello, Head of Direct Lending at Silver Point, expressed satisfaction in delivering a customized financing solution tailored to support Clairvest’s entrance into the Ohio market. He highlighted Clairvest’s robust 25-year history in the gaming sector as a key asset in this investment.

About MGM Resorts International

MGM Resorts International is recognized as a leader in global gaming and entertainment, boasting a diverse portfolio that includes hotels and casinos worldwide. The company aims to create extraordinary experiences, leveraging its established brand and commitment to excellence. Known for its 50/50 venture through BetMGM, LLC, MGM continues to innovate in the realm of sports betting and online gaming across North America.

With 31 unique gaming destinations globally, MGM Resorts is on a growth trajectory, exploring expansion opportunities in Asian markets, particularly Japan.

About Clairvest Group

Clairvest, founded in 1987, focuses on partnering with entrepreneurs to establish strategically significant enterprises. This highly regarded private equity management firm manages over CAD $4.6 billion and has made significant inroads into various sectors, particularly gaming. The firm prides itself on investing its own capital alongside third-party investments to boost owner-led businesses, ensuring top-quartile returns for its stakeholders.

About Silver Point Capital

Founded in 2002, Silver Point is a leading credit investing firm that oversees approximately $41 billion in investable assets. With a deep commitment to understanding unique borrower needs, Silver Point’s Direct Lending segment tailors financing solutions designed to fit middle-market companies. This emphasis on close partnerships allows Silver Point to support diverse transactions across various industries, ensuring rapid and reliable capital delivery.

With over $16 billion in investable assets focused on Direct Lending, the firm continues to facilitate growth and strategic capital management for its clients, upholding its reputation as a flexible and client-centric financing partner.

As the gaming and entertainment industries evolve, the financing led by Silver Point Capital underscores a significant movement in Ohio's regional market, promising exciting developments for both Clairvest and MGM Northfield Park in the near future.