Effective from the 1st of September 2018 Timezone Surfers Paradise & Timezone Coolangatta (Known as Timezone Gold Coast combined) will officially become a 100% company owned entity of TEEG (The Entertainment and Education Group).
Since 2003, the ownership structure of these venues has been a 50/50 partnership. Under this partnership Juan [...]
Timezone Entertainment Private Limited (TEPL), a premier chain of family entertainment centres in India, is now a 100% owned subsidiary of “The Entertainment and Education Group (TEEG)”, a newly formed holding company by Timezone in partnership with Quadrant PE. TEEG bought out the stake from Shoppers Stop Limited (SSL) and Louisiana Investment & [...]
Timezone Group has completed the acquisition of the remaining majority stake in the Timezone business in New Zealand (operated by Coin Cascade Limited) from Gary Walker, Stuart and Mark Jones with effect from 1 January 2018. Gary Walker and the existing management team will remain in place to continue to operate and grow the business.
The Entertainment and Education Group (“TEEG”) today announced the acquisition of all assets of Ardent’s Bowling and Entertainment division (BCA network) for A$ 160m which currently comprises;
• 36 AMF Centres
• 8 Kingpin Centres
• 6 Playtime Centres
All locations are in Australia with the exception of one location in New Zealand.
Timezone Group is pleased to announce that it has partnered with Quadrant Private Equity (“Quadrant”) one of Australia’s leading private equity firms to accelerate the growth of the business in Australia and across Asia.
Quadrant has entered into a binding agreement to invest into the Timezone business alongside the founding Steinberg family [...]