KKR-backed The Bay Club Company to acquire Arena Sports.

KKR-backed The Bay Club Company, an active lifestyle and hospitality company, agreed to acquire Arena Sports, an operator of family recreation and indoor sports centers. Financial terms were not disclosed. "Partnering with The Bay Club allows us to expand that impact while preserving the culture and experience our guests have come to expect. Boxwood's guidance throughout this process was invaluable. Their team understood our business, our values, and the importance of finding the right strategic fit," Don Crowe, Arena Sports Owner and CEO.