Announced
Completed
Financials
Tags
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
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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