M&A Deal Summary

Bowlero Acquires Thunderbowl Lanes

On May 9, 2024, Bowlero acquired consumer services company Thunderbowl Lanes

Acquisition Highlights
  • This is Bowlero’s 1st transaction in the Consumer Services sector.
  • This is Bowlero’s 13th transaction in the United States.
  • This is Bowlero’s 1st transaction in Michigan.

M&A Deal Summary

Date 2024-05-09
Target Thunderbowl Lanes
Sector Consumer Services
Buyer(s) Bowlero
Deal Type Add-on Acquisition

Target

Thunderbowl Lanes

Allen Park, Michigan, United States
Thunderbowl Lanes provides home to 90 state-of-the-art bowling lanes, banquet and meeting rooms, a sports bar, billiards, and the Greater Detroit Bowling Association Hall of Fame. Thunderbowl Lanes was founded in 1962 and is based in Allen Park, Michigan.

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Buyer(S) 1

Buyer

Bowlero

Mechanicsville, Virginia, United States

Category Company
Founded 1997
Sector Media
Employees2,965
Revenue 1.2B USD (2025)
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 13 of 13
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 12 of 12
State: Michigan M&A 1 of 1
Country: United States M&A 13 of 13
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-18 Lucky Strike Entertainment

Sherman Oaks, California, United States

Lucky Strike Entertainment is an operator of entertainment venues featuring premium bowling lanes, handcrafted food, and spirits, occasional live music performances, a broad assortment of engaging, high-tech games and a one-of-a-kind atmosphere. Lucky Strike venues seek to combine the best attributes of dining, nightlife and interactive entertainment. Lucky Strike Entertainment was formed in 2003 and is based in Sherman Oaks, California.

Buy $90M