OpenGate Capital announced that it has entered into a binding agreement for the sale of Player One Amusement Group, an experiential entertainment company for consumers to GENDA
Player One is an amusement services provider based in Toronto, Ontario, serving customers across Canada and the US. And the business provides amusement gaming equipment and outsourced operations and maintenance support to customers seeking to drive superior location profitability and create a solid consumer experience.
Plus, the business sources, distributes, and maintains amusement gaming equipment for commercial and retail venues across North America. Some of the customers include theater chains, resorts, golf entertainment centers, trampoline parks, and bowling centers.
OpenGate Capital is a global private equity firm specializing in the acquisition and operation of businesses to create new value through operational improvements, innovation, and growth. Established in 2005, OpenGate Capital is based in New York with a European office in Paris, France.
GENDA is an entertainment company looking to build a global entertainment network and increase the total amount of fun distributed throughout the world. And it runs a wide range of businesses in entertainment. GENDA runs about 800 amusement arcades such as “GiGO” and the karaoke chain “Karaoke BanBan” in Japan and abroad, and about 11,000 mini-locations (non-staffed gaming corners).
The deal is subject to customary regulatory approvals and is expected to close in Q3 2025.
