SANTA
ROSA, Calif., Aug. 14,
2024 /PRNewswire/ -- Gardner Games, a subsidiary
of Amuze, is thrilled to announce a significant expansion of its
route through the strategic asset acquisition of three major
arcades in Northern California.
This acquisition has already increased the company's gross revenue
by an impressive 24% on a monthly basis.
Since joining the Amuze Family of Companies in August 2023, Gardner Games has experienced
remarkable organic growth. Year-over-year, gross revenue has
doubled while maintaining EBITDA expectations. The company is
poised to double its gross revenue again over the next 12 months,
leveraging its strategic partnership with Amuze.
Eric Gardner, President of
Gardner Games, highlighted the company's resilience and strategic
growth, especially in light of recent economic uncertainties.
"During economic downturns, two sectors that consistently thrive
are local family entertainment and venues serving alcohol. Having
navigated through the recessions of 2001, 2007, and the challenges
of COVID-19, I've witnessed firsthand how family fun remains
resilient. In tough times, people tend to seek out local family fun
centers rather than splurging on costly high-end destinations,"
Gardner said.
The vertical integration between Gardner Games and Pipeline
Games, the manufacturing arm of the company, plays a crucial role
in this growth. The collaboration ensures a steady influx of new
equipment to Gardner Games' venues, setting it apart from
competitors and enhancing customer experiences. The reputation for
superior customer support further solidifies Gardner Games'
position for continued expansion and success.
The Amuze family of brands, backed by Surge Private Equity,
operates amusement equipment across all 50 states under the brands
Bar Partners, Amuze Products, Emerson, and Gardner Games. Amuze
also owns the game manufacturer, Pipeline Games, creating a
synergistic ecosystem that drives growth.
About Gardner Games:
Gardner Games specializes in providing top-notch amusement
equipment and services. With a focus on innovation, customer
satisfaction, and strategic growth, Gardner Games continues to set
industry standards and expand its footprint across California, Nevada and Oregon.
About Amuze:
Amuze is a leading operator of amusement equipment, committed to
delivering exceptional entertainment experiences. With operations
in all 50 states and a diverse portfolio of brands, Amuze remains
at the forefront of the amusement industry.
About Bar Partners
Bar Partners is a leading operator of amusement equipment in
bars, music venues, and entertainment spaces across the nation.
Renowned for their exceptional customer support, they have built a
reputation for excellence and reliability in the industry.
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SOURCE Bar Partners