M&A Deal Summary

Bowlero Acquires Big Event

On February 24, 2023, Bowlero acquired media company Big Event

Acquisition Highlights
  • This is Bowlero’s 2nd transaction in the Media sector.
  • This is Bowlero’s 7th transaction in the United States.
  • This is Bowlero’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2023-02-24
Target Big Event
Sector Media
Buyer(s) Bowlero
Deal Type Add-on Acquisition

Target

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.

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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 7 of 13
Sector (Media) 2 of 4
Type (Add-on Acquisition) 6 of 12
State (New Jersey) 1 of 1
Country (United States) 7 of 13
Year (2023) 1 of 6
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
2023-03-16 Bowland Cape Coral

Cape Coral, Florida, United States

Bowland Cape Coral is a 33-lane center featuring a private event space for parties and events, league play, arcade games, and a full-service bar and restaurant. Bowland Cape Coral is based in Cape Coral, Florida.

Buy -