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New Deal


Announced

Trive Capital to acquire Ten Entertainment Group for £287m.

Financials

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Transaction Value£287m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA10.79x
Share Price Premium46.3%
One Off Charge-

Tags

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bowling centers

Entertainment

United Kingdom

Acquisition

Cross Border

Public

Private Equity

Majority

Pending

Friendly

Single Bidder

Synopsis

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Trive Capital, a private equity firm, agreed to acquire Ten Entertainment Group, a bowling centers company, for £287m. "Trive is delighted to have reached agreement with the TEG Board with respect to the Acquisition. We have been extremely impressed by the TEG management team and TEG's ability to deliver a high quality customer experience across its locations in the UK," Shravan Thadani, Trive Capital Partner.

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