M&A Deal Summary

Bowlero Acquires Bowl America

On May 28, 2021, Bowlero acquired gaming company Bowl America

Acquisition Highlights
  • This is Bowlero’s 1st transaction in the Gaming sector.
  • This is Bowlero’s 3rd transaction in the United States.
  • This is Bowlero’s 2nd transaction in Virginia.

M&A Deal Summary

Date 2021-05-28
Target Bowl America
Sector Gaming
Buyer(s) Bowlero
Deal Type Add-on Acquisition

Target

Bowl America

Alexandria, Virginia, United States
Bowl America is an operator of 17 bowling centers located in Gaithersburg, Dranesville, Bull Run, Chantilly, Fairfax, and Burke.

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Buyer(S) 1

Buyer

Bowlero

Mechanicsville, Virginia, United States

Category Company
Founded 1997
Sector Media
Employees2,965
Revenue 1.1B USD (2023)
DESCRIPTION

Bowlero is an owner and operator of bowling centers in the world, with more than 300 locations, across the U.S., Mexico, and Canada specializing in corporate and private events as well as league and retail bowling. Bowlero portfolio of bowling center brands includes Bowlero, Bowlmor Lanes, AMF Bowling Co., and Brunswick Zone, serving over 28 million guests each year. Bowlero was founded in 1997 and is based in New York City.


DEAL STATS #
Overall 3 of 13
Sector (Gaming) 1 of 1
Type (Add-on Acquisition) 2 of 12
State (Virginia) 2 of 2
Country (United States) 3 of 13
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-10 Professional Bowlers Association

Chicago, Illinois, United States

Professional Bowlers Association is an organization of more than 3,000 members from 30 countries who compete in a multi-level competition program each year: the Go Bowling! PBA Tour, PBA International Tour, PBA Regional Tour, PBA Women's Regional, and PBA50 Tour events. The 2019 season marked the 60th consecutive year of nationally-televised competition, reaching bowling fans around the world who watch the PBA on FOX, as well as CBS Sports Network, and who follow PBA activities through the PBA's OTT platform, Flo Bowling

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-23 Northrock Lanes

Wichita, Kansas, United States

Northrock Lanes is a bowling center in the state of Kansas with 48 bowling lanes, a 1,300 sq. ft. arcade, 1,500 sq. ft. banquet room (seats 120 comfortably). Northrock Lanes is based in Wichita, Kansas.

Buy -