Mid-tier private equity firm Next Capital has tapped investment bank Citi as it mulls exit options for its entertainment group Funlab, which houses popular Strike Bowling and Sky Zone trampoline parks.
Next Capital took a controlling 70 per cent interest in Funlab in 2016 in a $60 million deal, working along side chief executive and founder, Michael Schreiber.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
