Bowlero Corp. (NYSE: BOWL), the global leader in bowling entertainment, announced today that it has entered into a definitive agreement to acquire Paradise Lanes Entertainment Center in Washington State.

Paradise Lanes Entertainment Center is located in Tacoma, WA, 32 miles southwest of Seattle. This center features 32 bowling lanes, an arcade, billiards, a full service bar and restaurant, and VIP party rooms. The acquisition of Paradise Lanes Entertainment Center marks Bowlero Corp.’s 4^th location in the state of Washington.

“We are pleased to announce our continued expansion in the state of Washington,” stated Brett Parker, President & Chief Financial Officer of Bowlero Corp. “Our pipeline of acquisitions remains robust as we enter our first definitive agreement of the calendar year. We are pleased to continue our growth with this latest acquisition and look forward to welcoming this center to our portfolio.”

About Bowlero Corp

Bowlero Corp. is the global leader in bowling entertainment, media, and events. With more than 325 bowling centers across North America, Bowlero Corp. serves more than 30 million guests each year through a family of brands that includes Bowlero, Bowlmor Lanes, and AMF. In 2019, Bowlero Corp. acquired the Professional Bowlers Association, the major league of bowling, which boasts thousands of members and millions of fans across the globe. For more information on Bowlero Corp., please visit BowleroCorp.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20230314005177/en/