BOWL - Mergers and acquisitions

Bowlero Corp. (NYSE:BOWL) ("Bowlero" or the "Company"), one of the world's premier operators of location-based entertainment, announced today they have entered into a definitive agreement to acquire Thunderbowl Lanes in Allen Park, Michigan, including the business and the underlying 8 acres of land. This transaction is expected to close in June 2024 and will be funded through an all-cash transaction. Thunderbowl Lanes is the largest bowling center in the United States. This expansive location spans over 98,000 sq. ft. and is home to 90 state-of-the-art bowling lanes, banquet and meeting rooms, a sports bar, billiards, and the Greater Detroit Bowling Association Hall of Fame. The acquisiti

Bowlero Corp. (NYSE:BOWL), the global leader in bowling entertainment, announced today that it has completed the acquisition of Paradise Lanes Entertainment Center in the state of Washington. Paradise Lanes Entertainment Center is located in Tacoma, WA, 32 miles southwest of Seattle. This center features 32 bowling lanes, an arcade, billiards, a full-service bar and restaurant, and VIP party rooms. This acquisition marks the Company's fourth location in the state. "We are pleased to continue our expansion in the state of Washington," said Thomas Shannon, Founder and CEO of Bowlero Corp. "Today's announcement illustrates our commitment to growth as we continue our expansion through 2023.

Bowlero Corp. (NYSE:BOWL), the global leader in bowling entertainment, announced today that it has completed the acquisition of Andy B's, marking the Company's first center in the state of Tennessee. Andy B's will be open to the public on May 19th, under the Bowlero name. Andy B's, opening as Bowlero Bartlett, is located in Bartlett, TN, 13 miles outside of Memphis. This 44-lane center is made up of 32 traditional lanes and 12 private lanes featuring state-of-the-art audio and lighting with 50 feet of video displays. Andy B's is also home to an interactive arcade, a snack bar and grill, and a full-service bar. "We are pleased with our continued growth, officially expanding our national

Bowlero Corp., (NYSE:BOWL), the global leader in bowling entertainment, announced today that it has completed the acquisition of Bowland Cape Coral and HeadPinz Cape Coral. Both locations are expected to open to the public on April 28th under the Bowlero name. Thomas Shannon, Founder and CEO of Bowlero Corp. said "We are pleased to announce the completion of these two acquisitions, expanding our footprint to 31 centers in the state of Florida." Bowland Cape Coral, opening under Bowlero Coral, is a 33-lane bowling center featuring a private event space for parties and events, league play, arcade games, and a full-service bar and restaurant. Located five miles away, HeadPinz Cape Coral, n

Bowlero Corp., (NYSE:BOWL) the global leader in bowling entertainment, completed the acquisition of The Big Event in New Jersey on February 14th. This announcement marks the Company's first completed acquisition in calendar year 2023, out of a robust pipeline of remaining acquisitions. Brett Parker, President & Chief Financial Officer of Bowlero Corp., stated, "Today's announcement illustrates our continued commitment to expanding our unit base and simultaneously improving our average unit volumes." The Big Event is located in Cherry Hill, NJ, 20 miles outside of Philadelphia. This impressive 36 lane center features billiards, ping pong, shuffleboard, arcade games and VIP private event ro

Adds Double Decker Lanes in Sonoma County to West Coast Presence Bowlero Corp., (NYSE:BOWL) the global leader in bowling entertainment, announced today that it has completed the acquisition of Double Decker Lanes. This is the Company's 16th completed acquisition in calendar year 2022. Brett Parker, President & Chief Financial Officer of Bowlero Corp. stated, "We are pleased to announce this latest acquisition, adding to our impressive footprint in the state of California, which now includes 46 locations." Double Decker Lanes located in Rohnert Park, in Sonoma County, is a 50-lane bowling center featuring a full-service lounge, sports bar, a banquet room for private events, arcade games,

Adds Great Escape in Pleasant Hill, Iowa to Growing Portfolio Bowlero Corp., (NYSE:BOWL) the global leader in bowling entertainment, announced today that it has completed the acquisition of Great Escape in Iowa. This is the Company's 15th completed acquisition in calendar year 2022, bringing the Company's total center count to 326. Great Escape, located in Pleasant Hill, a suburb of Des Moines, is a 24-lane bowling center featuring laser tag, over 50 arcade games, virtual reality, and a full-service restaurant. Great Escape marks the Company's second acquisition in Iowa this calendar year, the first being Thunderbowl located in Council Bluffs. Brett Parker, President & Chief Financial Of

Bowlero Corp., (NYSE:BOWL) the global leader in bowling entertainment, announced today that it has completed the acquisition of The Mark located outside of Omaha, NE. This is the Company's 14th completed acquisition in calendar year 2022. Brett Parker, President & Chief Financial Officer of Bowlero Corp. stated, "We are happy to announce the completion of our latest acquisition, strengthening our footprint in the key market of Omaha." The Mark, located in Elkhorn, NE, is a state-of-the-art family entertainment center offering a wide variety of activities including open bowling, league play, parties, and events. This location is over 85,000 sq. ft. and is home to 40 lanes, basketball and v

Bowlero Corp.'s Robust Growth Continues Bowlero Corp., (NYSE:BOWL) the global leader in bowling entertainment, announced today that it has completed the acquisition of Sabre Lanes in Wisconsin and has entered into a definitive agreement to acquire The Big Event in New Jersey. With today's announcement, the Company has completed 13 acquisitions so far in calendar year 2022, and has a pipeline of four definitive agreements outstanding. Sabre Lanes is Bowlero Corp.'s 3rd completed acquisition in Wisconsin in 2022. This center is located in Menasha, WI and is home to 48 lanes of bowling, event spaces that accommodate 30-300 guests, a full kitchen and multiple bars located throughout the cente

This marks Bowlero Corps 16th definitive agreement of 2022 with nine completed acquisitions RICHMOND, Va., Oct. 13, 2022 /PRNewswire/ -- Bowlero Corp., (NYSE:BOWL) the world's leader in bowling entertainment, announced today that it has entered into a definitive agreement to acquire The Mark near Omaha, NE and has completed the acquisition of Thunderbowl in nearby Council Bluffs, IA. The remaining seven acquisitions under definitive agreements are moving towards completion in the coming months. The Mark, located in Elkhorn, NE, is a state-of-the-art family entertainment center

4Forces Group Founder Peter Cosco to Join Firm as Managing Director Isos Capital to Provide Growth Advisory and Interim Management Services WESTPORT, Conn., July 18, 2022 /PRNewswire/ -- Isos Capital Management ("Isos Capital" or the "Firm"), an independent investment firm focused on identifying and executing on opportunities in the global media, entertainment, sports and technology industries, today announced it has acquired 4Forces Group, LLC, an advisory firm focused on providing outsourced and interim management services to help companies activate both organic and inorganic growth strategies. The acquisition expands Isos Capital's capabilities in supporting its portfolio companies and b

RICHMOND, Va., May 31, 2022 (GLOBE NEWSWIRE) -- Bowlero Corp. ("Bowlero" or the "Company"), the world's largest owner and operator of bowling centers, as well as the owner of the Professional Bowlers Association (PBA), announced today that it has acquired two additional bowling centers – Manatee Lanes in metro Tampa, FL and Fat Cats in Westminster, CO. On the East Coast, Manatee Lanes is located in metro Tampa suburb, Crystal River. This center features 30 lanes and an interactive arcade. Manatee Lanes opened under Bowlero Corp management on May 5th and now marks the 28th location in Florida. The second location, Fat Cats Westminster is located outside of Denver in the Westminster Promen