Trive Capital completes take-private of Ten Entertainment Group

Tenpin is a bowling and family entertainment centre operator.

  • Tenpin is based in Bedford, England
  • Trive is a Dallas, Texas-based private equity firm
  • The firm has over $4bn of regulatory assets under management

Trive Capital has completed the acquisition of all of the issued and outstanding common shares of Ten Entertainment Group (Tenpin), a bowling and family entertainment centre operator.

Tenpin provides a mix of bowling lanes, video arcades, escape rooms, karaoke, laser tag, pool, table tennis, and soft play across 53 centres. It is based in Bedford, England.

“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,” said Shravan Thadani, partner at Trive.

Trive agreed a £287 million ($362 million; €336 million) cash acquisition with the board of Tenpin in early December.

Trive is a Dallas, Texas-based private equity firm with over $4 billion of regulatory assets under management.

Cavendish Capital Markets served as financial advisor and Kirkland & Ellis International served as legal counsel to Trive Capital.