Sycamore Partners completed the acquisition of Playa Bowls from Tamarix Equity.

Sycamore Partners, a private equity firm specializing in consumer, distribution and retail-related investments, completed the acquisition of Playa Bowls, a rapidly expanding franchise restaurant concept, from Tamarix Equity, a private equity firm. Financial terms were not disclosed. "Playa Bowls has built a unique category leadership position with passionate customers, a loyal franchise base, and a great brand, which has allowed the company to scale rapidly in its first decade since inception. We are confident Playa Bowls has continued runway for growth and we look forward to partnering with Dan and his talented team to implement their strategy to reach more customers around the country," Stefan Kaluzny, Sycamore Partners Managing Director.