Harwood Private Equity acquires Essenden

Essenden plc has been acquired through a public-to-private transaction for £40 million. Essenden is the second largest operator of indoor bowling and family entertainment centres in the UK, operating under the Tenpin brand. It currently has more than 30 sites offering ten-pin bowling games, bar and restaurant services, amusement and gaming machines and other related leisure activities. Nick Basing, an operational adviser to Harwood Private Equity, is the current CEO of Essenden. Nick will be continuing in the capacity of executive chairman of the business.