It’s a sports- and leisure-packed Dealflow this morning, as private equity backs UK retail businesses while the country’s consumers are feeling the pinch in their pockets thanks to inflation and what economists say is the highest tax burden in decades.
Trive Capital Partners has become the latest US private equity firm to make a play for a listed UK company, as it agrees a cash offer with the board of Ten Entertainment Group, which runs 52 sites across the UK that offer 10 pin bowling and other activities.
