Deal Snapshot
RCI Hospitality Closes Acquisition of Five Adult Nightclubs in Texas for USD 66.5m
Friday 17 March 2023

Texas, US-based adult nightclub and sports bars/restaurant operator RCI Hospitality Holdings, Inc. (NASDAQ: RICK) has acquired two Baby Dolls and three Chicas Locas adult nightclubs and their associated real estate in the Dallas-Fort Worth and Houston markets, the company said.

The company previously announced signing definitive agreements in December for the USD 66.5m acquisition, RCI's second largest since its founding and one of the largest in the history of the adult nightclub industry.

Date Published: 17/03/2023