Worldwide Sports Management
Principal Consultant Simon Weatherill has spent the last 20 years developing the world renowned Melbourne Sports Hub, as former Chief Executive Officer of the State Sports Centres Trust…
read moreLeading Australian out-of-home entertainment company Funlab, the operator of Strike bowling bars as well as Sky Zone trampolines centres and Exitus escape rooms, is evaluating options for working with third parties.
A statement from the company explains a “number of third parties have expressed a genuine interest in partnering with the company or acquiring it.”
As a result, the statement adds “Funlab has initiated a process to formally review these approaches and explore opportunities to maximise the potential of the Company.”
Through its entertainment brands, Funlab delivers innovative and interactive experiences to over three million visitors per year.
Established in 2001, the business has grown to 16 venues generating around $50 million in revenue each year. The business employs over 500 people and is led by an experienced management team with the proven ability to identify, develop, launch and manage relevant entertainment concepts.
Funlab has appointed Lion Capital Advisory and HWL Ebsworth to manage the review process, which is anticipated to be completed by the end of 2016.
With 16 current locations across Australia, Funlab’s key offerings are 12 Strike locations (bowling anchored next generation entertainment product); four Sky Zone locations (indoor trampoline parks); 15 Exitus escape rooms plus a new mini golf offering, Holey Moley, to be launched later this year.
For further information contact:Funlab Managing Director Michael Schreiber on 0411 965 440, E: mschreiber@fun-lab.com or Lion Capital Advisory Managing Director Craig Jensz on 0400 634 979 E: craig.jensz@lioncapital.com.au
Funlab's websites include www.strikebowling.com.au and www.skyzone.com.au
26th July 2016 - ESCAPE ROOMS EXPAND GAMING CONCEPTS INTO LIVE-ACTION EXPERIENCES
8th April 2016 - SKY ZONE OPENS LARGEST TRAMPOLINE PARK IN THE SOUTHERN HEMISPHERE
13th September 2015 - NEW BOWLING CENTRE A HIGH POINT OF ENTERTAINMENT AND PUZZLES
20th July 2014 - FIRST SKY ZONE TRAMPOLINE ARENA LAUNCHES IN BRISBANE
11th December 2013 - STRIKE BOWLS OVER SYDNEY’S MACQUARIE CENTRE
24th July 2013 - GRANTIES MAZE SET FOR OCTOBER OPENING?
4th April 2013 - LASERFORCE CELEBRATES 25TH ANNIVERSARY WITH NEW INDUSTRY BENCHMARK
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?
As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.
The Complete Guide to Leisure Industry Products & Services.
Principal Consultant Simon Weatherill has spent the last 20 years developing the world renowned Melbourne Sports Hub, as former Chief Executive Officer of the State Sports Centres Trust…
read moreAIS Water, the trading name of Australian Innovative Systems, is a multi-award winning, Australian owned leader in the design, production and supply of commercial and residential chlorine generators…
read moreWith industry leading solutions in design and durability you can improve your facilities with our access control operations, payment systems and flexible personal locker storage solutions. Your…
read moreTurnstile Entry Systems and Access Control Centaman Entrance Controls’ Award Winning Range of Access Control Systems includes tripod & triarm turnstiles, speedgates, full height…
read moreLinks Modular Solutions was a leading provider of high-quality, innovative software solutions for aquatic and recreation facilities. Links Modular Solutions is now part of Xplor Technologies.
read moreCompliant chemical storage and decanting solutions. Includes spill kits, spill containment pallets, chemical decanting decks and safety shower and eyewash equipment. See our full range of solutions
read moreOur team believes floors should be beautiful, comfortable, and engineered for safety, even when wet. Life Floor tiles meet six unique performance based standards: slip-resistance, impact absorption,…
read moreSwitch to smarter fitness management software with Clubworx based in Australia that enables fitness businesses to start or grow their business with ease. - all in one place from anywhere in the…
read moreGet your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!