Bowlero Completes Acquisition of Lucky Strike
18 Septembre 2023 - 3:22PM
Business Wire
Bowlero Corp. (NYSE: BOWL) (“Bowlero” or the “Company”), the
world’s largest owner and operator of bowling centers, today
announced the close of its previously announced agreement to
acquire Lucky Strike Entertainment, LLC (“Lucky Strike”) in an
all-cash transaction valued at approximately $90 million.
With the completion of the transaction, Bowlero has acquired all
14 Lucky Strike bowling centers, increasing the Company’s national
footprint to 345 centers in 36 states. These centers offer a
high-energy atmosphere, a sophisticated menu, private event spaces,
billiards, and first-class amusements. The Transaction launches
Bowlero into the heart of some of the U.S.’s largest cities,
including Boston, Denver, Chicago, Los Angeles, Philadelphia, San
Francisco, Honolulu and more.
Thomas Shannon, Founder, Chief Executive Officer and President
of Bowlero, said, “We welcome Lucky Strike to the Bowlero family.
All 14 of the Lucky Strike centers are located in prime cities and
areas across the country and we expect them to be top-performers
within our business.”
“We look forward to bringing the proven and successful Bowlero
operating ethos to the world-class Lucky Strike brand and
portfolio. We expect to improve upon the already strong financial
profile of these assets and, like at all of our centers, will
continue to be perpetual tinkerers oriented towards maximizing the
growth of our business and shareholder value,” said Mr. Shannon in
closing.
About Bowlero Corp. Bowlero Corp. is the worldwide leader
in bowling entertainment. With 345 bowling centers across North
America, Bowlero Corp. serves nearly 30 million guests each year
through a family of brands that includes Bowlero and AMF. Bowlero
Corp. is also home to the Professional Bowlers Association, which
boasts thousands of members and millions of fans across the globe.
For more information on Bowlero Corp., please visit
BowleroCorp.com.
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