One of Britain’s greatest tenpin bowling venue operators will this week disclose that it has change into the newest London-listed corporations to advocate a personal equity-backed takeover.

Sky News has learnt that Ten Entertainment, which trades from about 50 venues throughout the UK, is to advocate a suggestion from Trive Capital, a US-based buyout agency.

A banking supply mentioned the deal was anticipated to be introduced as early as Wednesday morning.

The deal is predicted to be price within the area of £300m.

If confirmed, it should come within the wake of a string of different takeover bids for London-listed corporations, akin to Mars’ just lately really helpful provide for the retailer Hotel Chocolat.

Trive’s bid for Ten Entertainment will come six years after the tenpin bowling group floated at 165p-a-share.

On Tuesday, the inventory closed at 310p, that means that with a standard takeover premium included within the provide, buyers on the time of the itemizing would have greater than doubled their cash.

Ten Entertainment competes with rivals akin to Hollywood Bowl, and is run by a Graham
Blackwell, a leisure business veteran.

Its shares have risen by greater than 1 / 4 over the past 12 months amid rising post-pandemic demand for in-person leisure experiences.

A spokesman for Ten Entertainment declined to remark.