Street Talk
PE, trade buyers ready to strike in bowling alley deal
It's private equity versus offshore trade players in the auction for Next Capital's bowling alley and mini-golf company Funlab.
It is understood Next Capital and adviser Citi are mulling an array of indicative bids, after interested parties were asked to put their best foot forward last week.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
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