#TIL that since the COVID pandemic, a Private Equity fund is buying up bowling alleys in the USA. Bowlero/Lucky Strike is monopolizing the bowling industry in only the way a PE can: increasing profits, cutting maintenance, closing properties. https://www.bowlerocorp.com/bowlero-rebrands-as-lucky-strike-entertainment
https://jacobin.com/2024/05/private-equity-bowlero-ruining-bowling