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

From the Filing

0000935836-24-000084.txt : 20240201 0000935836-24-000084.hdr.sgml : 20240201 20240201143753 ACCESSION NUMBER: 0000935836-24-000084 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Accel Entertainment, Inc. CENTRAL INDEX KEY: 0001698991 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 981350261 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90040 FILM NUMBER: 24586301 BUSINESS ADDRESS: STREET 1: 140 TOWER DRIVE CITY: BURR RIDGE STATE: IL ZIP: 60527 BUSINESS PHONE: 630-972-2235 MAIL ADDRESS: STREET 1: 140 TOWER DRIVE CITY: BURR RIDGE STATE: IL ZIP: 60527 FORMER COMPANY: FORMER CONFORMED NAME: TPG Pace Holdings Corp. DATE OF NAME CHANGE: 20170224 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DARLINGTON PARTNERS CAPITAL MANAGEMENT, LP CENTRAL INDEX KEY: 0001854440 ORGANIZATION NAME: IRS NUMBER: 851409925 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 300 DRAKES LANDING ROAD STREET 2: SUITE 290 CITY: GREENBRAE STATE: CA ZIP: 94904 BUSINESS PHONE: 4154644648 MAIL ADDRESS: STREET 1: 300 DRAKES LANDING ROAD STREET 2: SUITE 290 CITY: GREENBRAE STATE: CA ZIP: 94904 SC 13G/A 1 accelent13gamd4.htm UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4) Accel Entertainment, Inc. 	 (Name of Issuer) Class A-1 Common Stock, $0.0001 par value per share 	 (Title of Class of Securities) 00436Q106 	 (CUSIP Number) December 31, 2023 	 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ X ] Rule 13d-1(b) [ X ] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. 1 CUSIP 00436Q106 	 1. Names of Reporting Persons. Darlington Partners Capital Management, LP 	 2.	Check the Appropriate Box if a Member of a Group (See Instructions) (a)	 	 (b)	 	 X 	 	 3. SEC Use Only 	 	 4. Citizenship or Place of Organization	 Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5.	Sole Voting Power	 0 6.	Shared Voting Power	 8,098,349 7.	Sole Dispositive Power	 0 8.	Shared Dispositive Power	 8,098,349 9. Aggregate Amount Beneficially Owned by Each Reporting Person	 8,098,349 	 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)	 ______ 	 11. Percent of Class Represented by Amount in Row (9)	 9.3% 	 12. Type of Reporting Person (See Instructions)	 IA, OO 	 2 CUSIP 00436Q106 	 1. Names of Reporting Persons. Darlington Partners GP, LLC 	 2.	Check the Appropriate Box if a Member of a Group (See Instructions) (a)	 	 (b)	 	 X 	 	 3. SEC Use Only 	 	 4. Citizenship or Place of Organization	 Delaware Number of Shares Beneficially Owned by Each Reporting Person With: 5.	Sole Voting Po