RedBird Capital Partners completed the acquisition of a 24% stake in Main Event Entertainment from Ardent Leisure for $80m.

Private equity firm RedBird Capital Partners completed the acquisition of a 24% stake in Main Event Entertainment, which operates family entertainment centres, from Ardent Leisure, an Australian-based leisure company, for $80m. "We are very pleased to announce this partnership with Ardent and the exceptional management team at Main Event. Through our own operations in Dallas, Texas, we have witnessed firsthand Main Event's growth as a leading brand in a resilient and fast-growing family entertainment market. RedBird's focus on building high-growth companies in sports and entertainment and expertise in delivering premier content to consumers will be highly complementary to the Main Event platform as it looks to expand throughout the country," Gerry Cardinale, RedBird Managing Partner.