Bowlero to List on NYSE Through Merger With Isos Acquisition Corporation
July 1, 2021
Bowlero Corp will become a publicly listed company through a business combination with special purpose acquisition company Isos Acquisition Corporation. The transaction values the pro forma company at an implied $2.6 billion enterprise value and includes a $450 million PIPE anchored by institutional investors to provide capital for Bowlero's continued organic and inorganic growth.
- Buyers
- Isos Acquisition Corporation, Funds managed by affiliates of Apollo Global Management, Inc., Brigade Capital Management, Soros Fund Management LLC, The Donerail Group LP, Wells Fargo Asset Management, Atairos
- Targets
- Bowlero Corp
- Industry
- Media & Entertainment
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Bowlero Corp Acquires Bowl America
May 28, 2021
Restaurants & Hospitality
Bowlero Corp has entered into a definitive agreement to acquire Bowl America Incorporated, adding 17 bowling centers across Florida, Virginia and Maryland to Bowlero's portfolio. The transaction expands Bowlero's footprint in North America and is subject to Bowl America stockholder approval and customary closing conditions.
-
Bowlero Corp Acquires Professional Bowlers Association (PBA)
September 10, 2019
Media & Entertainment
Bowlero Corp announced the acquisition of the Professional Bowlers Association (PBA) on September 10, 2019. The purchase brings Bowlero’s bowling-center and entertainment expertise together with the PBA’s professional competition, media partnerships and fan base to expand the sport’s visibility and content offerings.
-
Bowlero Corp. Acquires Lucky Strike Entertainment (14 Centers)
May 31, 2023
Restaurants & Hospitality
Bowlero Corp. agreed to acquire substantially all assets of Lucky Strike Entertainment, LLC, adding 14 upscale Lucky Strike bowling centers across nine U.S. states in an all-cash transaction valued at approximately $90 million. The acquisition expands Bowlero’s national footprint and launches the company into several major U.S. cities, increasing its portfolio of bowling and entertainment locations.
-
Bowlero Corp. Acquires Thunderbowl Lanes (Allen Park, MI)
May 9, 2024
Restaurants & Hospitality
Bowlero Corp. (NYSE: BOWL) has entered into a definitive agreement to acquire Thunderbowl Lanes in Allen Park, Michigan, including the business and the underlying 8 acres of land in an all-cash transaction expected to close in June 2024. The 98,000 sq. ft. facility — the largest bowling center in the United States with 90 lanes and event/banquet space — expands Bowlero’s presence in Michigan and complements its portfolio of location-based entertainment venues.
-
BowX Acquisition Corp. Completes Business Combination with WeWork
October 20, 2021
Real Estate
BowX Acquisition Corp. and WeWork completed their business combination on October 20, 2021, taking WeWork public; the combined company began trading on the New York Stock Exchange under the ticker "WE" on October 21, 2021. The deal provided WeWork approximately $1.3 billion in gross cash proceeds (including trust-account cash, a fully committed PIPE and an equity backstop from Cushman & Wakefield) and left Marcelo Claure and Sandeep Mathrani in leadership roles as Executive Chairman and CEO, respectively.
-
Bowlero Corp. Acquires Sabre Lanes (WI) and The Big Event (NJ)
February 14, 2023
Restaurants & Hospitality
Bowlero Corp. has expanded its portfolio with the acquisition of Sabre Lanes in Menasha, Wisconsin and the acquisition of The Big Event in Cherry Hill, New Jersey. The transactions are part of Bowlero's ongoing unit expansion strategy, increasing its footprint in Wisconsin and New Jersey and adding large multi-entertainment centers to its national network.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.