Trive Capital acquires Ten Entertainment Group
February 2024 — 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.
Our role in the transaction
Oaklins Cavendish, based in the UK, advised Trive Capital on its US$368 million recommended offer for Ten Entertainment Group Ltd.
Shravan Thandani
Partner, Trive Capital
Talk to the deal team
Related deals
Rustins has been acquired by Remmers
Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.
Learn moreValuation advisory has been provided to a co-investor in VDK
EMK Capital has transferred VDK Groep B.V. from EMK Capital Partners Fund I into the newly established US$1.4 billion single-asset continuation fund, the EMK VDK Partnership Fund, alongside a co-investment from EMK Capital Partners Fund III. The transaction, co-led by LGT Capital Partners and Coller EQT, provides existing investors with the opportunity to retain their exposure to VDK while securing additional capital to support the company’s continued growth and buy-and-build strategy.
Learn moreBe-Cloud has been acquired by PSG Equity
Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.
Learn more