M&A Deal Summary

Bowlero Acquires Professional Bowlers Association

On September 10, 2019, Bowlero acquired media company Professional Bowlers Association

Acquisition Highlights
  • This is Bowlero’s 1st transaction in the Media sector.
  • This is Bowlero’s 2nd transaction in the United States.
  • This is Bowlero’s 1st transaction in Illinois.

M&A Deal Summary

Date 2019-09-10
Target Professional Bowlers Association
Sector Media
Buyer(s) Bowlero
Deal Type Add-on Acquisition

Target

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

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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 2 of 13
Sector (Media) 1 of 4
Type (Add-on Acquisition) 1 of 12
State (Illinois) 1 of 1
Country (United States) 2 of 13
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-01 AMF

Mechanicsville, Virginia, United States

AMF Bowling is a bowling brand and company. AMF Bowling operates approximately 370 bowling centers worldwide and is a bowling products manufacturer and distributor. AMF's product line consists of bowling pins, automatic pin-spotters, synthetic lanes, other bowling products and billiards tables.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-28 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.

Buy -