Hollywood Bowl acquires Splitsville, a Canadian-based bowling business

LONDON, UK: Hollywood Bowl announced the acquisition of Teaquinn Holdings Inc. (Splitsville), a Canadian-based bowling business, for a total consideration of CAD 17 million. The consideration (approximately £10.6 million) will be satisfied by an initial payment of CAD 13.6 million in cash and a deferred consideration of CAD 3.4 million. Acquisition highlights: ·      Teaquinn comprises of…