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New Deal


Announced

Completed

H.I.G. Capital completed the acquisition of Family Entertainment Group from TZP Group.

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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Friendly

Majority

Completed

United States

Domestic

Family Gaming

Single Bidder

media and entertainment

Entertainment

Private

Acquisition

Private Equity

Synopsis

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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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