{"id":784594,"date":"2023-09-18T11:47:24","date_gmt":"2023-09-18T15:47:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bowlero-completes-acquisition-of-lucky-strike\/"},"modified":"2023-09-18T11:47:24","modified_gmt":"2023-09-18T15:47:24","slug":"bowlero-completes-acquisition-of-lucky-strike","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bowlero-completes-acquisition-of-lucky-strike\/","title":{"rendered":"Bowlero Completes Acquisition of Lucky Strike"},"content":{"rendered":"

<\/p>\n

Bowlero Completes Acquisition of Lucky Strike<\/b><\/p>\n

RICHMOND, Va.–(BUSINESS WIRE<\/a>)–
\nBowlero Corp. (NYSE: BOWL) (\u201cBowlero\u201d or the \u201cCompany\u201d), the world\u2019s largest owner and operator of bowling centers, today announced the close of its previously announced agreement to acquire Lucky Strike Entertainment, LLC (\u201cLucky Strike\u201d) in an all-cash transaction valued at approximately $90 million.<\/p>\n

\nWith the completion of the transaction, Bowlero has acquired all 14 Lucky Strike bowling centers, increasing the Company\u2019s 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.\u2019s largest cities, including Boston, Denver, Chicago, Los Angeles, Philadelphia, San Francisco, Honolulu and more.<\/p>\n

\nThomas Shannon, Founder, Chief Executive Officer and President of Bowlero, said, \u201cWe 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.\u201d<\/p>\n

\n\u201cWe 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,\u201d said Mr. Shannon in closing.<\/p>\n

About Bowlero Corp.
\n
<\/b>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<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230918298803\/en\/<\/a><\/span><\/p>\n

\nFor Media:
\n
Bowlero Corp. Public Relations
\n
PR@BowleroCorp.com<\/a><\/p>\n

\nFor Investors:
\n
Bowlero Corp. Investor Relations
\n
IRSupport@BowleroCorp.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Virginia<\/p>\n

INDUSTRY KEYWORDS:<\/b> General Sports Sports Bowling<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
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Bowlero Completes Acquisition of Lucky Strike RICHMOND, Va.–(BUSINESS WIRE)– Bowlero Corp. (NYSE: BOWL) (\u201cBowlero\u201d or the \u201cCompany\u201d), the world\u2019s largest owner and operator of bowling centers, today announced the close of its previously announced agreement to acquire Lucky Strike Entertainment, LLC (\u201cLucky Strike\u201d) 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\u2019s 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.\u2019s largest cities, including Boston, Denver, Chicago, Los Angeles, Philadelphia, San Francisco, Honolulu and more. … <\/p>\n

Continue reading “Bowlero Completes Acquisition of Lucky Strike”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-784594","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBowlero Completes Acquisition of Lucky Strike - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bowlero-completes-acquisition-of-lucky-strike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bowlero Completes Acquisition of Lucky Strike - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Bowlero Completes Acquisition of Lucky Strike RICHMOND, Va.–(BUSINESS WIRE)– Bowlero Corp. (NYSE: BOWL) (\u201cBowlero\u201d or the \u201cCompany\u201d), the world\u2019s largest owner and operator of bowling centers, today announced the close of its previously announced agreement to acquire Lucky Strike Entertainment, LLC (\u201cLucky Strike\u201d) 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\u2019s 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.\u2019s largest cities, including Boston, Denver, Chicago, Los Angeles, Philadelphia, San Francisco, Honolulu and more. … Continue reading "Bowlero Completes Acquisition of Lucky Strike"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bowlero-completes-acquisition-of-lucky-strike\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-18T15:47:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230918298803r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bowlero-completes-acquisition-of-lucky-strike\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bowlero-completes-acquisition-of-lucky-strike\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Bowlero Completes Acquisition of Lucky Strike\",\"datePublished\":\"2023-09-18T15:47:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bowlero-completes-acquisition-of-lucky-strike\\\/\"},\"wordCount\":349,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bowlero-completes-acquisition-of-lucky-strike\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230918298803r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bowlero-completes-acquisition-of-lucky-strike\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bowlero-completes-acquisition-of-lucky-strike\\\/\",\"name\":\"Bowlero Completes Acquisition of Lucky Strike - 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