Bowlero continues expansion in Florida with two acquisitions, terms undisclosed

Bowlero announced that it has entered into definitive agreements to acquire two additional bowling centers in Florida – Bowland Cape Coral and HeadPinz Cape Coral. Brett Parker, President & Chief Financial Officer of Bowlero stated, "We continue to be pleased with the quality of the assets that we have been able to add to our portfolio so far in 2023." Both locations located in Cape Coral, Florida offer a range of activities including bowling and arcade games. 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. Located 5 miles away is HeadPinz Cape Coral, a contemporary 18-lane center with an expansive arcade with over 40 games and VIP private event space. "These upcoming acquisitions are an exciting opportunity for our Company, expanding our footprint in Florida and entering a new community. We are looking forward to utilizing our resources to help further the success of these two centers in the coming months," said Parker in closing. Both locations will open as Bowlero centers upon completion of the acquisition.