Hollywood Bowl is the UK's largest ten-pin bowling business, operating 55 large, high-quality bowling centres, predominantly located in leisure or retail parks.
We bought Hollywood Bowl in 2014 with a plan to accelerate organic growth through a site refurbishment and roll-out programme, as well as through M&A. We brought forward and expanded the organic growth investment programme, developed a new site pipeline and completed the add-on acquisition of Bowlplex, one of two targets we had identified prior to making our investment. These actions more than doubled earnings in two years and created a strong platform for further growth.
We exited the investment in two stages, with an IPO in 2016 and a placing in 2017.
“Epiris have been a fantastic investor for Hollywood Bowl, with their support we have achieved a huge amount over the past few years, continuing to transform the business through investment and acquisition, and providing outstanding family entertainment to millions of customers every year.” (Steve Burns, CEO of Hollywood Bowl Group)