The Quadrant Private Equity-backed owners of the Timezone entertainment empire plan to double their outlets as shopping centre landlords cast for new ways to draw consumers in the tough retailing environment. Scott Blume, managing director of The Entertainment and Education Group, which formed last year when Quadrant bought a half share in the Timezone [...]
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.