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The 11th Frame: Private equity company Atairos acquiring 'substantial ownership position' in Bowlmor AMF

JEFF RICHGELS | Posted: Thursday, June 8, 2017 8:00 am

Private equity company Atairos Group Inc. is acquiring a “substantial ownership position” in Bowlmor AMF from a group of previous investors led by Cerberus Capital Management, the companies announced on Tuesday. Terms were not disclosed, but the Wall Street Journal in this story reported that Atairos is paying more than $1 billion for the ownership position in Bowlmor, citing a person familiar with the matter. The Journal said Bowlmor had $577 million in debt, citing its...

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