Trive Capital acquires Ten Entertainment Group

Trive Capital has acquired Ten Entertainment Group Ltd.

Trive is a private equity firm managing more than US$4 billion in aggregated capital commitments, providing flexible equity and debt capital to middle-market companies.

Ten Entertainment Group is the largest entertainment tenpin bowling operator in the UK with a total of 54 sites all trading under the Tenpin brand.

Oaklins Cavendish, based in the UK, advised Trive Capital on its US$368 million recommended offer for Ten Entertainment Group Ltd.

Service

M&A buy-side

Parties

“We are excited to partner with a leading leisure and entertainment operator, with a high-quality management team focused on innovation and providing a best-in class customer experience. Trive looks forward to continuing to invest in and behind the platform to support the employee base, enhance the existing portfolio, and facilitate estate expansion.”

Shravan Thandani

Partner, Trive Capital

Talk to the deal team

Henrik Persson

Director

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Carl Holmes

Director

London, United Kingdom
Oaklins Cavendish

View profile Get in touch

Related deals

Hemink Groep has been acquired by Gimv

Private Equity | Construction & Engineering Services | Real Estate

Hemink Groep has been acquired by Gimv

Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.

Learn more

OGD has been sold to Building Beyond Technology Group

Private Equity | TMT

OGD has been sold to Building Beyond Technology Group

Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.

Learn more

E.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity

Private Equity | Energy | Industrial Machinery & Components

E.Gruppe, a GIMV portfolio company, has acquired LET Gruppe from GFEP Family Equity

LET Gruppe, a leading German provider of customized electrical infrastructure and energy system solutions, is set to become part of E.GRUPPE, a fast-growing industrial platform backed by European investment firm GIMV. The parties have signed a definitive agreement under which E.GRUPPE will acquire 100% of the shares in LET Gruppe from GFEP Family Equity, which has supported the company’s growth and strategic development in recent years. The transaction is subject to regulatory approvals.

Learn more