Public Company Consumer

Lucky Strike Entertainment

Miami, Florida, United States

Formerly known as Bowlero, Bowlero Corp, Bowlero Corp (NYSE: BOWL)

Lucky Strike Entertainment, formerly Bowlero Corporation, is a public location-based entertainment operator with more than 350 venues across North America. Its portfolio includes bowling, amusements, water parks and family entertainment centers, with consumer-facing brands including Lucky Strike, Bowlero and AMF. The company also owns the Professional Bowlers Association.

Focus Areas
Bowling entertainment centers, Family entertainment centers, Arcade and amusement attractions

Tracked deals

9

9 tracked deals across 2019-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

9 buyout

Lucky Strike Entertainment Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Lucky Strike Entertainment. 1 2019 1 2021 1 2022 5 2023 1 2024

Supporting Data

Recent Transactions

  • Buyer
    Bowlero Corp.
    Target
    Thunderbowl Lanes
    Type
    Buyout

    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.

  • Buyer
    Bowlero Corp.
    Target
    Mavrix, Octane Raceway
    Type
    Buyout

    Bowlero Corp. entered into a definitive agreement to acquire Mavrix and Octane Raceway, two entertainment venues located in Scottsdale, Arizona, in an all-cash transaction expected to close at the end of August 2023. The acquisitions expand Bowlero’s footprint in Arizona (its 19th and 20th locations in the state) and add go-kart, arcade, laser-tag and full-service restaurant amenities to its portfolio.

  • Buyer
    Bowlero Corp.
    Target
    Lucky Strike Entertainment, LLC
    Type
    Buyout

    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.

  • Buyer
    Bowlero Corp.
    Target
    Andy B's
    Type
    Buyout

    Bowlero Corp. entered into a definitive agreement to acquire Andy B's in Tennessee, which will become Bowlero upon completion and mark Bowlero’s first center in the state. The Bartlett, Tennessee location features a 44-lane bowling center plus arcade, food and bar amenities, supporting Bowlero’s continued national footprint expansion.

  • Buyer
    Bowlero Corp.
    Target
    Bowland Cape Coral, HeadPinz Cape Coral
    Type
    Buyout

    Bowlero Corp. has acquired two bowling centers in Cape Coral, Florida—Bowland Cape Coral (33 lanes) and HeadPinz Cape Coral (18 lanes)—and will rebrand them as Bowlero locations. The acquisitions expand Bowlero's Florida footprint to 31 centers and add family-entertainment, arcade and event-space capabilities in the Cape Coral market.

  • Buyer
    Bowlero Corp.
    Target
    Sabre Lanes, The Big Event
    Location
    United States
    Type
    Buyout

    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.

  • Buyer
    Bowlero Corp.
    Target
    The Mark
    Type
    Buyout

    Bowlero Corp. (NYSE: BOWL) completed the acquisition of The Mark, a large family entertainment center in Elkhorn, Nebraska, expanding its footprint in the Omaha market. The location is a state-of-the-art, 85,000+ sq. ft. facility with 40 bowling lanes, courts, an arcade, full-service kitchen and sports bar; this is Bowlero's second completed Omaha-area acquisition in 2022.

  • Buyer
    Bowlero Corp
    Target
    Bowl America Incorporated
    Type
    Buyout

    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.

  • Buyer
    Bowlero Corp
    Target
    Professional Bowlers Association
    Location
    United States
    Type
    Buyout

    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.

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