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New Deal


Announced

Completed

Bowlero completed the acquisition of Lucky Strike Entertainment for $90m.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

celebrity charity events

bowling centers

recreational services

leisure services

Real Estate Holding and Development

United States

Friendly

Majority

Single Bidder

Acquisition

Private

Completed

Synopsis

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Bowlero, a bowling company, completed the acquisition of Lucky Strike Entertainment, a bowling alley chain operator, for $90m. “Lucky Strike is a premier experiential entertainment brand, and we could not be more excited to add its world-class portfolio to ours. Lucky Strike’s impressive family of locations in flagship cities across the country naturally complements our national footprint, immediately launching our presence in major cities like Boston, Chicago and Denver," Thomas Shannon, Bowlero Founder and CEO.

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