Hollywood Bowl Group will roll out full-year results on Monday, soon after its closest rival’s takeover.

US private equity firm Trive Capital Partners took Ten Entertainment off the London stock in a £287m takeover by.

News of the deal boosted Hollywood Bowl’s share price, as it is seen as a better quality business than Ten.

Hollywood Bowl has been enjoying a 24 per cent uplift to its value over the past year.

It has continued to see demand from families looking for activities, despite the cost-of-living crisis.

Hollywood Bowl will post its annual results for the year to September 30.

Investors have already heard positive signs in a trading update in October, which revealed sales had hit £215m for the year, up 11 per cent compared to its 2022 financial year.

At the time, chief executive officer Stephen Burns, said: ‘It has been fantastic to see so many families in our centres as they sought out fun, inclusive, affordable activities to keep their kids entertained throughout the year including during the unseasonal wet summer.’

Russ Mould, investment director at broker AJ Bell, said: ‘A key focus for the market when results are published will be any strategic initiatives to support growth.

‘Ten Entertainment falling into private equity hands effectively puts pressure on Hollywood Bowl to up its game, particularly if the former is going to be used as an acquisition vehicle to branch out into other leisure activities.

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This post first appeared on Dailymail.co.uk

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