Clairvest Closes Acquisition of MGM Northfield Park

Toronto, Ontario (April 21, 2026) - Clairvest Group Inc. (TSX: CVG) ("CVG") today announced that it, together with Clairvest Equity Partners VII ("CEP VII", collectively "Clairvest"), and RRC Gaming Management LLC ("RRC") have completed its previously announced acquisition of MGM Northfield Park ("Northfield Park"). Clairvest (and certain of its CEP VII limited partner co-investors) invested US$165 million for a majority ownership interest, of which CVG invested US$39 million. This represents Clairvest's second partnership with RRC, a team of experienced gaming operators.

This investment builds on Clairvest's 26-year track record in the local market gaming industry and marks Clairvest's 14th land-based gaming deal. The Northfield Park investment is also Clairvest's 70th platform investment and the fourth investment made through CEP VII, a US$1.2 billion investment pool, US$300 million of which is from CVG.

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