Genesis Capital is pleased to announce Raging Waves, LLC (“Raging Waves” or the “Company”) has been acquired by Bowlero Corporation (NYSE: BOWL). Premier Parks, LLC will provide management services to Raging Waves on behalf of Bowlero.
Randy Witt, Co-Founder of Raging Waves, said, “We are grateful to have worked with Genesis Capital to find the next steward of Raging Waves. They did a tremendous job guiding us to secure the best strategic and cultural outcome for our Company, team members, and guests.” Dawn Witt, Co-Founder of Raging Waves, added, “Selecting Genesis Capital was one of the best decisions we made. They were great to work with throughout the process and they added a tremendous amount of value along the way.”
Genesis Capital, LLC served as financial advisor to Raging Waves, and Hoscheit, McGuirk, McCracken & Cuscaden, P.C. served as legal advisor.
About Raging Waves, LLC
Raging Waves is Illinois’ largest water park with a footprint of approximately 58 acres. The park first opened to the public in 2008 and today features 32 waterslides, a quarter-mile long lazy river, a 350,000-gallon wave pool, kiddie pools and more. In addition to its water attractions Raging Waves also offers dining options as well as a variety of other amenities, such as private cabanas for rent, locker rentals and a gift shop. Raging Waves enjoys an exceptional reputation and strong attendance due to its strong emphasis on its three pillars: safety, friendliness and cleanliness. For additional information, please visit www.RagingWaves.com.
About Bowlero Corporation (NYSE: BOWL)
Bowlero Corporation (NYSE: BOWL) is one of the world’s premier operators of location-based entertainment. With over 350 locations across North America, the Company serves more than 40 million guest visits annually through a family of brands that include Lucky Strike, Bowlero and AMF. In 2019, Bowlero acquired the Professional Bowlers Association, the major league of bowling and a growing media property that boasts millions of fans around the globe. For more information on Bowlero, please visit BowleroCorp.com.