Darlington Partners Amends Accel Entertainment Stake

TL;DR

**Darlington Partners updated their Accel Entertainment stock ownership, showing their latest stake as of year-end 2023.**

AI Summary

Darlington Partners Capital Management, LP filed an amended SC 13G/A on February 1, 2024, indicating their ownership of Accel Entertainment, Inc. Class A-1 Common Stock as of December 31, 2023. This filing, Amendment No. 4, updates their previous disclosures regarding their stake in the company. For investors, this matters because it provides transparency into significant institutional ownership changes, which can influence stock stability and investor confidence.

Why It Matters

This filing shows an institutional investor's updated position, which can signal their ongoing confidence or changing strategy regarding Accel Entertainment stock.

Risk Assessment

Risk Level: low — This is a routine amendment to a beneficial ownership report, indicating transparency rather than immediate risk.

Analyst Insight

An investor should note this filing as an update on institutional ownership, but without specific share count changes, it primarily serves as a record of ongoing compliance rather than a direct buy/sell signal.

Key Players & Entities

• Darlington Partners Capital Management, LP (company) — the entity filing the SC 13G/A
• Accel Entertainment, Inc. (company) — the subject company whose stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 1, 2024 (date) — the filing date of the SC 13G/A
• 00436Q106 (other) — CUSIP number for Accel Entertainment, Inc. Class A-1 Common Stock

FAQ

Key Financial Figures

• $0.0001 — ame of Issuer) Class A-1 Common Stock, $0.0001 par value per share (Title of Class o

Filing Documents

• accelent13gamd4.htm (SC 13G/A) — 63KB
• 0000935836-24-000084.txt ( ) — 64KB

Ownership

Item 4. Ownership. See Items 5-9 and 11 of the cover page for each Filer. The Numbers of Shares and Percentage of Class reported in Items 5-9 and 11 on this cover page for Darlington are as of January 1, 2024. Darlington’s ownership of the Stock on December 31, 2023 was 5,918,390 shares, or 6.8% of the class; its ownership changed on January 1, 2024, as a result of a consolidation of Darlington with another fund managed by DPCM LP.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. DPCM LP’s clients, including Darlington, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Stock. No individual client’s holdings of the Stock, other than those of Darlington, are more than five percent of the outstanding Stock. 8 CUSIP 00436Q106 Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Not applicable.

Certification of DPCM LP, DP GP, Mr. Clark and Mr. Jishi

Item 10. Certification of DPCM LP, DP GP, Mr. Clark and Mr. Jishi By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Certification of Darlington: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Exhibit: Joint Filing Agreement SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 31, 2024 DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP By:Darlington Partners GP, LLC, General Partner By: /s/ Scott W. Clark Scott W. Clark, Manager DARLINGTON PARTNERS GP, LLC By: /s/ Scott W. Clark Scott W. Clark, Manager /s/ Scott W. Clark Scott W. Clark /s/ Ramsey B. Jishi Ramsey B. Jishi 9 CUSIP 00436Q106 DARLINGTON PARTNERS, L.P. By:Darlington Partners GP, LLC, General Partner By: /s/ Scott W. Clark Scott W. Clark, Manager 10 CUSIP 00436Q106 EXHIBIT A AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G The undersigned agree to file jointly with the Securities and Exchange Commission (the “SEC”) any and all statements on Schedule 13D or Schedule 13G and Forms 3, 4 and 5 (and any amendments or supplements thereto) required under section 13(d) or section 16(a) of the Securities Exc

View Full Filing

View this SC 13G/A filing on SEC EDGAR