Announced
Completed
Synopsis
H.I.G. Capital, a private equity firm, completed the acquisition of Family Entertainment Group, a recognized industry company in arcade design, development, consulting, and operations, TZP Group, a private equity firm. Financial terms were not disclosed. “The acquisition of Family Entertainment Group represents an ideal opportunity to partner with the market leading provider of outsourced arcade operations. We are looking forward to partner with George, an industry pioneer, and the rest of the executive team as they look to accelerate the Company’s growth,” Ryan Kaplan, H.I.G Managing Director.
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