M&A Deal Summary

Bowlero Acquires The Alley

On May 23, 2022, Bowlero acquired leisure company The Alley

Acquisition Highlights
  • This is Bowlero’s 4th transaction in the Leisure sector.
  • This is Bowlero’s 6th transaction in the United States.
  • This is Bowlero’s 3rd transaction in Kansas.

M&A Deal Summary
Date 2022-05-23
Target The Alley
Sector Leisure
Buyer(s) Bowlero
Deal Type Add-on Acquisition

Target

The Alley

Wichita, Kansas, United States
Alley provides 32 lanes of bowling, indoor electric go-karts, a Laser Maze, a large arcade, billiard tables, sports grill, and our newest attraction, Escapology. Alley was founded in 2004 and is based in Wichita, Kansas.

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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 6 of 13
Sector (Leisure) 4 of 7
Type (Add-on Acquisition) 5 of 12
State (Kansas) 3 of 3
Country (United States) 6 of 13
Year (2022) 3 of 3
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-24 Big Event

Cherry Hill, New Jersey, United States

Big Event features 36 lane center features billiards, ping pong, shuffleboard, arcade games and VIP private event rooms. Big Event is based in Cherry Hill, New Jersey.

Buy -
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