Bowlero, the biggest bowling company in the world, has grown rapidly in recent years. Fueled by private equity groups, the firm’s expansion has ruined the beloved pastime for many while its executives pull in massive profits.
TLDR; Bowlero buys up local lanes and either closes them or renovates them into a new Bowlero. Then they cheap out at every expense, raise prices, and push expensive drinks and food.
That’s private equity for you.