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New Deal


Announced

Completed

Wellspring Capital completed the acquisition of Lucky Strike Entertainment.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

entertainment venues

Completed

Private Equity

Acquisition

United States

Real Estate Holding and Development

Single Bidder

bowling centers

Friendly

recreational services

leisure services

celebrity charity events

Synopsis

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Wellspring Capital completed the acquisition of Lucky Strike Entertainment, an operator of upscale entertainment venues with 21 locations in the United States. Financial terms were not disclosed. Lucky Strike is a creator and operator of entertainment venues featuring premium bowling lanes, handcrafted food and spirits, occasional live music performances, a broad assortment of engaging, high-tech games and a one-of-a-kind atmosphere. “Wellspring has a long history of partnering with founders like Steven Foster and Kevin Troy who have redefined their industries and are poised for incredible growth. Although a nationally known player today, Lucky Strike still has a large whitespace opportunity,” Alex Carles, Wellspring Managing Partner.

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