04:54 PM EDT, 07/10/2025 (MT Newswires) -- Lucky Strike Entertainment ( LUCK ) said late Thursday it has acquired the real estate underlying 58 locations across 16 US states for $306 million.

The firm said it is the current operator of each location and will remain so following the close of the transaction. It added that the acquisition was financed through a $230 million bridge facility and cash on hand.

"The transaction is immediately accretive to earnings and cash flow and positions us to continue reinvesting in our most profitable venues and initiatives," said Chief Financial Officer Bobby Lavan.